Jan 17, 2024 03:03 PM

FINANCE

Shanghai Composite Index Fell 2.09% on Wednesday

By Caixin Automation

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China’s benchmark Shanghai Composite Index (000001.SH) lost 2.09% on Wednesday, while the Shenzhen Component Index (399001.SZ) fell 2.58%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 2.62% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 3.0%.

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

· China’s Economy Expanded 5.2% in 2023, Exceeding Target

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