Shanghai Composite Index Fell 0.43% on Thursday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.43% on Thursday, while the Shenzhen Component Index (399001.SZ) fell 1.24%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.71% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 1.8%.

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

· New China Life Sets up $1.4 Billion Fund for Property Investments