Shanghai Composite Index Rose 0.06% on Friday

China’s benchmark Shanghai Composite Index (000001.SH) gained 0.06% on Friday, while the Shenzhen Component Index (399001.SZ) fell 0.07%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.21% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.19%.

Below is a rundown of the top China business and finance stories, plus other news for the day:

· BMW, Mercedes to Set Up JV to Operate EV Charging Network in China