China’s benchmark Shanghai Composite Index (000001.SH) lost 0.05% on Tuesday, while the Shenzhen Component Index (399001.SZ) closed nearly flat.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.66% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.17%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Insurance Regulator Studies Risk Disposal Rules for Property Insurers
CBIRC official outlines plan to create a mechanism for market-oriented, rule-based, standardized risk reduction
· China’s Passenger Car Sales Dip 13.4% as Price War Rages
Consumer hesitancy and end of government incentives last year result in first-quarter decline for the world’s largest auto market
· Geopolitics, Lack of Manpower Fuel Turbulent Revival for China’s International Air Travel
Lengthy negotiations between regulators, and time needed for airlines and airports to build back capacity are also hobbling a speedy recovery
· Opinion: A Large Voucher Rollout Is Feasible Solution to Spur China’s Consumption
Issuing 300 billion yuan of vouchers can increase domestic consumption by as much as 1 trillion yuan
· China’s New Premier Swings Long on Exports
Li Qiang has called for greater policy support to stabilize and improve the structure of the country’s exports
· Shanghai-Listed Developer on the Ropes After Share Plunge
Sichuan Languang faces delisting, after its closing price fell below 1 yuan per share
China is willing to work with all parties, including Europe, to promote dialogue and resolve conflicts through political means
· Weekend Long Read: The Panic, Worry and Despair Gripping Chinese Young Researchers
Millions of young academics typically reach a critical stage in their careers just as they arrive at a pivotal point in their personal lives, complicating their efforts to advance in a field characterized by fierce competition and immense anxiety
· China Gets Record $3.2 Billion Container Ship Order From French Giant
CMA CGM signs accord with China State Shipbuilding during French president’s state visit, which concluded Friday
· Geely Unit Moves a Step Closer to Taking EVs to the Sky
Aerofugia reports beginning of type certification by civil aviation authorities as competition for flying cars heats up
Click here to read more of the latest news.
This article was generated by Caixin Automation.
Follow the Chinese markets in real time with Caixin Global’s new stock database.
