Caixin
Aug 07, 2024 03:03 PM
FINANCE

Shanghai Composite Index Rose 0.09% on Wednesday

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China’s benchmark Shanghai Composite Index (000001.SH) gained 0.09% on Wednesday, while the Shenzhen Component Index (399001.SZ) fell 0.17%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.88% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.43%.

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

· Huawei Unveils First Luxury Sedan Model Under Partnership with BAIC

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