Shanghai Composite Index Rose 3.61% on Thursday
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China’s benchmark Shanghai Composite Index (000001.SH) gained 3.61% on Thursday, while the Shenzhen Component Index (399001.SZ) rose 4.44%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 3.87% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 4.42%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· China’s $1.56 billion Consumer Subsidies See Surge in Sales of Cars and Household Goods
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