China’s benchmark Shanghai Composite Index (000001.SH) gained 0.92% on Monday, while the Shenzhen Component Index (399001.SZ) rose 0.57%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.35% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) ended nearly flat.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Opinion: Easing College Enrollment Anxiety Over What and Where to Study
China’s approach to higher education must become more flexible so more students are encouraged to study what they are interested in, instead of piling into majors that makes them easy to employ
· Cover Story: School’s Out For China’s Rural Students as Classrooms Close
A record low birth rate and the shuttering of traditional industries has left thousands of rural schools without any students, forcing a scramble by the government to consolidate the education system
· BYD’s Uzbekistan Plant Begins Mass Production of Plug-In Hybrids
BYD Song Plus DM-i SUV is the first model off the line, with the facility expected to initially produce 50,000 units annually
· Shadow Banking Giant Zhongzhi and 247 Affiliated Firms Face Consolidated Liquidation
Bankruptcy administrator found ‘complex interconnections and significant liabilities’ in dramatic collapse, Beijing court document shows
· Commentary: The Actions of a Brave Woman Saved the Day: Now We Must Protect the Future
The heroism of Hu Youping has echoed around the world, but her death must not be in vain
· Qatar Seeks Closer Ties With China to Drive Economic Transition
Gulf state sees itself as a gateway between East and West and wants to attract innovative businesses
· UN Refugee Official Calls for Broader Supports to Empower Those in Exile
The resilience of refugees facing persecution and natural disasters is remarkable but they need our help, says UNHCR chief
· Top Stories of the Month: How the EU’s New Tariff Hikes Will Affect China
The bloc formally notified carmakers including BYD, Geely Auto and SAIC Motor that they will be subject to additional duties of up to 38.1% from July 4
· Hong Kong’s University Admission Fraud Scandal Sparks Review
The Independent Commission Against Corruption will collaborate with the city’s univesrities including HKU to ensure ‘merit-based selection, fairness and impartiality’
· Chinese City Plans to Honor Woman Who Died Trying to Stop Stabbing of Japanese Mother
Hu Youping will posthumously be given the title of ‘righteous and courageous role model’ for putting herself between the attacker and his victims
Click here to read more of the latest news.
This article was generated by Caixin Automation.
