China’s benchmark Shanghai Composite Index (000001.SH) gained 0.69% on Thursday, while the Shenzhen Component Index (399001.SZ) rose 1.19%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.63% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.85%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Commentary: A New Green Partnership for China and International Financial Institutions
For the ADB, which positions itself as the climate bank of Asia and the Pacific, a robust partnership with China is essential
· China’s Two Largest Shipbuilders Set Stock Swap Terms For $38 Billion Merger
After the merger, CSSC will emerge as a dominant player in the global shipbuilding industry.
· China Mobilizes Non-Bank Financial Firms to Drive Industrial Upgrades
Leasing and consumer finance companies asked to ease the path to intelligent, eco-friendly industrial developments
· ‘Golden September’ Loses Its Shine as Home Sales Get Off to a Slow Start
House sales continue to spiral downwards although second-hand homes are showing signs of revival
· Suspect Arrested After 10-Year-Old Japanese Schoolboy Stabbed in Shenzhen
Man, 44, held after knife attack on young boy as he walked to school
· Caixin Explains: Why and How China’s Overhauling Monetary Policy (Part 3)
In the final part of this three-part series, we explain why the PBOC restarted trading government bonds in the secondary market and how that can help monetary policy management
· China’s Commerce Minister Grumbles About EU’s Attitude in EV Tariff Talks
Wang Wentao tells Italy’s foreign minister that the European Commission has shown ‘no political will’ to resolve their trade dispute
· Briefing: Chinese Home Prices Fall at Faster Pace
Another Japanese elementary school student attacked on the way to school, China’s top financial regulator wants the industry to keep better track of proliferating mobile apps
· Analysis: China’s Long-Awaited Draft Energy Law Updated With New Rules for Renewables
The much-anticipated legislation, nearly two decades in the making, has been updated with plans to develop and use various forms of renewable energy
· Ex-Education Vice Minister Targeted in Corruption Probe
Du Yubo is the most senior official in the sphere to be investigated by China’s graft busters since 2012
Click here to read more of the latest news.
This article was generated by Caixin Automation.
