China’s benchmark Shanghai Composite Index (000001.SH) lost 1.16% on Friday, while the Shenzhen Component Index (399001.SZ) fell 1.62%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 1.88% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 1.61%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Energy Insider: China’s Carbon Market Volume Tops 100 Million Tons
Solar panel generation misses 2021 projections though Datang reports output tripling; China steel production drops; State Power Investment in LNG Pact with BP
· U.S. Sanctions Chinese Companies and One Individual for Fentanyl Trafficking
China blasts Biden executive order targeting Yuancheng Gongchuang, Fast-Fine Chemicals, Huanhao Biotechnology, Hebei Atun Trading and Chuen Fat Yip
· In Depth: Aggrieved Car Owners Mull False Advertising Suit Against Chinese Electric-Car Maker
Disgruntled Ora Good Cat owners pile pressure on parent firm Great Wall Motor, seeking redress and more compensation for a misleading ad
· State-Owned Investor to Buy Securities Firm Linked to Fallen Chinese Tycoon
China Chengtong will pay $2.1 billion for over 98% of the company connected to Xiao Jianhua’s Tomorrow Holding
· China to Boost Outbound Investment to Try to Curb Strengthening Yuan
Forex regulator issues $3.5 billion in fresh quotas for institutional investors to channel money offshore
· China and Russia Should Take ‘More Joint Actions’ to Ensure Their Security, Xi Tells Putin
‘Certain forces’ are trying to meddle in the countries’ internal affairs under the pretext of ‘human rights,’ Chinese president tells counterpart at virtual summit
· Trending in China: Global Times Editor Hu Xijin Says He’s Retiring
The prominent Chinese media figure will not leave the public arena however, saying he will be a guest commentator for the nationalist tabloid
· Top Metal Producers Ordered to Comply With Environmental Rules Amid Probe
Violators told to publicize the results of rectification measures
· Exclusive: Private Equity Tycoon Unseen for Two Weeks
Chinaequity’s Wang Chaoyong disappears as Beijing police sought him amid company turmoil and regulatory probes
· BeiGene’s Shares Plunge 16.4% on STAR Market Debut
Chinese cancer-drug developer records weak first day amid lackluster performances of other biotech companies in Shanghai and Hong Kong
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This article was generated by Caixin Automation.
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