China’s benchmark Shanghai Composite Index (000001.SH) gained 0.14% on Monday, while the Shenzhen Component Index (399001.SZ) rose 0.98%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.24% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 1.08%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Cover Story: The Vision of Singapore’s Next Prime Minister
Lawrence Wong sees himself as a ‘servant leader,’, he says. ‘My role is not just to lead, but to serve my country and my fellow citizens’
· U.S. Seeks ‘Guardrails’ in China Talks to Avoid Conflict, State Department Says
U.S. Secretary of State Antony Blinken to discuss nuclear weapon stockpiles and climate change in visit early next month
· Weekend Long Read: What Jack Ma Taught Me in 1999
When Brian Wong first met Alibaba’s co-founder, the company was little more than a logo-less listing of products online. That didn’t stop Ma from selling him on joining up
· In Depth: What’s in Store for Yuan Internationalization in 2023?
A program to encourage yuan-denominated share issuance in Hong Kong and the launch of a Swap Connect scheme for offshore institutional investors should help boost the currency’s popularity
· U.K. Court Clears Way for China Fortune Land’s Offshore Bond Restructuring
The developer’s plan to renegotiate nearly $5 billion in debt, which was agreed with creditors earlier in January, was sanctioned by the London High Court, paving the way for its implementation
· China’s Lunar New Year Revelers Spend Big on Travel, Leisure
Bookings for domestic tourist hotspots surged more than threefold, but Covid’s years-long impact on household income curtailed spending on cars and property
· Tech Insider: CATL Consortium to Mine Bolivia’s Lithium, Profits for Solar-Silicon Makers Soar
Chipmaker Hua Hong mulls $4 billion JV, iconic Blizzard games go offline in China
· Five Chinese Nationals Killed in Northern California Shooting
Seven people died in the attack in Half Moon Bay, which happened just days after a deadly shooting in Los Angeles
· China Solar Silicon Producers Forecast Soaring 2022 Profits
Tongwei and Xinjiang Daqo New Energy predict a more than threefold jump in earnings as strong demand for panels fuels higher prices
· China’s Box Office Springs Back During Lunar New Year Holiday
Cinemas nationwide took in more than $850 million during the first six days of the public holiday, industry data suggest
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This article was generated by Caixin Automation.
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