Shanghai Composite Index Rose 0.39% on Friday
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China’s benchmark Shanghai Composite Index (000001.SH) gained 0.39% on Friday, while the Shenzhen Component Index (399001.SZ) rose 1.12%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.96% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.94%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Weekly Must-Read: Chinese Pharma Turns to Global Deals to Global Deals to Cure Capital Crunch
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