China’s benchmark Shanghai Composite Index (000001.SH) gained 0.08% on Tuesday, while the Shenzhen Component Index (399001.SZ) rose 0.86%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 2.26% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 1.39%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
Report predicts most NEV brands will vanish by 2030, Baidu robotaxi accident shines spotlight on safety of unmanned cars
· China’s Audit Office Exposes $34 Million Scams Selling Government Data
Seven bodies cited as illegally charging for external access to public data without authorization
· Bromate Levels in Ganten and Nongfu Spring Bottled Water Hit E.U. Limit
Hong Kong Consumer Council warns of potential health risks, but levels are still below WHO standards
· Key Party Plenum to Prioritize Reforms in Tech, Fiscal and Tax Systems, Observers Say
‘New productive forces’ to be a key phrase at the political event, which kicked off Monday
· Cutthroat Competition is Undermining China’s Auto Industry, Official Says
‘Disorderly competition’ is squeezing Chinese carmakers, many of which have seen their bottom lines suffer
· Xiaomi Wins Independent Automaker Badge
Chinese tech giant’s budding EV business no longer has to rely on a manufacturing partner
· Opinion: The Principle of Taxation by Law Should Be Firmly Followed
Rule by law is the fundamental requirement of taxation, as is the bottom line of not overtaxing
· Former Environmental Ministry Official Expelled From Communist Party for Corruption
Liu Zhiquan, former head of the MEE’s environmental impact assessment department illegally accepted money and helped others with project declaration and verification
· Cover Story: China’s Once-Booming Online Healthcare Sector Sees Its Vital Signs Sink
Investors turn skeptical as HaoDF, Chunyu Yisheng and Ping An Good Doctor cut jobs
· China’s Waterborne Cooking Oil Tankers Also Shipping Chemicals, Fuel, Sources Say
It’s common for ships to transport both cooking oil and non-edible oils that could be toxic to humans, a Caixin investigation has found after a media report revealed a similar practice among tanker trucks
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This article was generated by Caixin Automation.
