China’s benchmark Shanghai Composite Index (000001.SH) gained 1.14% on Monday, while the Shenzhen Component Index (399001.SZ) rose 0.88%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 1.57% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.68%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Opinion: Promoting Healthy Development of Disclosure Consulting in China’s Stock Market
Accurate, complete and timely information disclosure is the lifeline for maintaining market order and protecting investor rights
· Cover Story: China’s Pension Plan Faces Prospect for Change or Going Bust
Demographic shifts make current system unsustainable as numbers of retirees climb
· Malaysia Overtakes Thailand as Southeast Asia’s Second-Largest Auto Market on Boost From China
Malaysia now only trails Indonesia, as more Chinese automakers such as Geely increase their local presence and help ‘transform’ brands like Proton
· China Facing Container Shortage as Exporters Rush to Beat Looming U.S. Tariffs
A surge in shipments this month has led to a shortage of containers, with some exporters now willing to pay more than triple the price of the same period last year, sources say
· Weekend Long Read: Geopolitical Clashes Entangle China’s Science Grad Students
More and more young researchers, especially those with degrees from universities under scrutiny from Washington, are having trouble getting accepted to U.S. institutions
· Surging China Exports Boost Shipping Rates to Latin America
Tightening cargo space is spurring shippers to add capacity to region
· China Sets New Rules to Woo Foreign Cruise Ships to Its Ports
Country seeks boost from tourism and business of resupplying vessels
· Top Regulator Presses Local Governments to Fund Housing Projects
China’s NFRA Chief Li also urges strict scrutiny of residential developments
· Under Fire, Philippine Mayor Denies Links to Offshore Gambling Operators
Alice Guo says at a hearing that she had divested her holdings in a commercial and residential compound where two of the illegal operations were found during a raid earlier this year
· Commentary: How China’s Ultra-Long Bonds Will Impact the Economy
It remains to be seen how much of an effect expansionary fiscal policy will have due to constraints on investment growth
Click here to read more of the latest news.
This article was generated by Caixin Automation.
