Shanghai Composite Index Rose 1.17% on Friday

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China’s benchmark Shanghai Composite Index (000001.SH) gained 1.17% on Friday, while the Shenzhen Component Index (399001.SZ) rose 2.15%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 2.58% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 3.34%.

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

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