Shanghai Composite Index Fell 1.46% on Friday

China’s benchmark Shanghai Composite Index (000001.SH) lost 1.46% on Friday, while the Shenzhen Component Index (399001.SZ) fell 2.24%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 2.41% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 2.43%.

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

· Energy Insider: Beijing Spurs Development of ‘Future Energy,’ Clean Energy Drives China’s Growth