China’s benchmark Shanghai Composite Index (000001.SH) gained 0.18% on Friday, while the Shenzhen Component Index (399001.SZ) closed nearly flat.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.21% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.09%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Full Text: Communique of the Communist Party’s Sixth Plenum
The Communist Party’s high-profile meeting has adopted a landmark resolution on the major achievements and historical experience of the CPC's 100 years of endeavors
· Caixin Summit: Citadel CEO Ken Griffin Says China Won’t Escape Impact of U.S. Monetary Tightening
Hedge fund billionaire says Fed action to combat inflationary pressures will hurt Chinese and U.S. economies
· Chinese Property Stocks Surge on Signs of Policy Easing
Macrolink, Jiangsu Zhongnan and Tahoe are among issues rising the 10% daily limit as investors sense changes in real estate lending policies
· China Opens Bond Market to Foreign Social and Sustainable Borrowers
Government units, development groups and businesses can issue ‘panda bonds’ under central bank-backed pilot program
· Energy Insider: EV Startup Nio Eyes Europe Expansion
China’s coal output rebounds after cold wave; Haiyang brings net-zero emissions nuclear heating system online; Sinopec hydrogen unit to begin operation
· In Depth: Can China Pull Itself Out of the Economic Doldrums?
With GDP growth expected to slide further in the fourth quarter amid ongoing power shortages, a property slump and export headwinds, the government may need to take action
· Opinion: How China Can Meet the CPTPP’s Data Requirements (Part 2)
Chinese authorities rarely ban cross-border data transfers, unless they involve data considered critical to national security
· China and the U.S. Pledge to Cut Methane Emissions This Decade
The two countries agree that controlling emissions of the greenhouse gas is a ‘matter of necessity in the 2020s’
· South China Cities Ease Vehicle Purchase Limits to Shift Sales Into High Gear
Guangzhou raises annual quota for hybrids while Shenzhen makes it easier for migrants to buy cars
· Beijing Stock Exchange to Debut Monday With at Least 81 Listings
All of the stocks have been trading on an over-the-counter market
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This article was generated by Caixin Automation.
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