The Shanghai Composite Index rose 0.8% on Tuesday
The Chinese benchmark Shanghai Composite Index (000001.SH) gained 0.8% on Tuesday, while the Shenzhen Component Index (399001.SZ) increased by 0.38%.
The Shanghai STAR 50 index with a strong technological component (000688.SH) lost 0.31% for the day, while Shenzhen’s similar ChiNext index (399006.SZ) increased by 0.35%.
Below is an overview of the top business and financial stories in China, along with other news of the day:
Hainan will not turn into Cayman Islands, says governor
As Tropical Island Province Completes Free Trade Port Project, Governor Feng Fei Warns Businesses and Individuals Not to Expect a Tax Haven
Syngenta takes first step towards STAR Marketplace listing
ChemChina’s sale of agricultural giant’s shares could value restructured company up to $ 60 billion
China Dragoons Banks, Alipay in crackdown on crypto
Central bank orders financial institutions not to provide any cryptocurrency-related services and to launch in-depth inspections
· Energy Insider: The leading manufacturer of electric vehicle charging stations is considering fundraising of $ 46.5 million; Hubei closes all coal mines for maintenance
Xining Special Steel faces possible change of ownership; cement prices weaken as demand decreases; PetroChina discovers giant oil shale deposit
Chinese fund markets mark new milestone with long-awaited REIT launch
Investors buy shares in nine trusts in pilot program to raise funds for infrastructure projects
Used electronics salesman Aihuishou jumps 23% in NYSE debut
Investors were drawn to the company’s hybrid business model, which combines an online platform with more than 750 offline stores, encouraging greater trust between buyers and sellers.
Tokyo Cancels All Olympic Public Viewing Events, Tim Cook On Future iPhones, Petition For Jeff Bezos
Chinese nationals urged to leave Afghanistan, Taiwan leader mourns death of Biden’s dog
Reappearance of waste on the Tibetan plateau, the number of vaccines reaches 1 billion, surveys on family planning
Delta variant spreads in Guangdong, plans to strengthen marriage counseling
Swine fever variants lead to massive epidemics across China
Experts are divided on whether the variants have become more transmissible or whether the use of unregulated ‘underground vaccines’ can cause the virus to mutate
Market mystified by skyrocketing energy drink maker shares
Eastroc Beverage stock rose nearly six times from its offer price in the first three weeks of trading, prompting the company to warn investors of an overvaluation
Click on here for more on the latest news.
This article was generated by Caixin Automation.
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