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The Latest Breaking News from Caixin Global

Shanghai Composite Index Fell 0.4% on Wednesday

Shenzhen Component Index closed up 0.17%

Caixin Global

Xi to Visit Saudi Arabia to Boost Relations in the Middle East

The president will attend the first China-Arab States Summit and a meeting of the China-Gulf Cooperation Council during the four-day trip

Caixin Global

China Approves Second Non-injectable Covid-19 Vaccine

Beijing Wantai Biological gets green light to join CanSino Biologics in offering non-injectable version of coronavirus inoculation

Caixin Global

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Wang Tao: What to Expect From China’s Central Economic Work Conference

The upcoming meeting will likely emphasize more support for economic growth, deemphasize ‘zero Covid,’ and offer additional aid for the property sector

Caixin Global

Beijing Scraps Covid Test Requirement for Public Places

Residents can enter areas including office buildings, supermarkets and residential communities without a negative result, but the government denied rumors of a complete end to testing

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Tuesday

Shenzhen Component Index closed up 0.67%

Caixin Global

Former HKEX CEO Charles Li to Launch Micro Connect Exchange in Macau

New financial assets platform will offer global investors access to China’s micro and small businesses, which will benefit from more financing

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Editorial: Reform and Opening-Up Is Needed to Get China’s Economy Back on Track

Easing of Covid restrictions won't automatically lead to recovery, with more economic reforms required by the government at all levels

Caixin Global

Shanghai Composite Index Rose 1.76% on Monday

Shenzhen Component Index closed up 0.92%

Caixin Global

Tsingshan Expands Investment in Zimbabwe

Chinese stainless steel and nickel giant agrees to add lithium and cement processing while increasing capacity for coke and stainless steel

Caixin Global

China’s Housing Sales Could Rebound Next Year on Easing Covid Measures, Analysts Say

Developers will likely see sales start to grow again in the second half as some cities shake off the pandemic

Caixin Global

World Leaders Pay Respects to Former President Jiang Zemin

Condolence letters have poured in from Russia’s president, the top U.S. envoy to China, and the Singaporean and Japanese prime ministers

Caixin Global

Caixin New Economy Index Gets a Lift From Rising Labor Investment

The gauge that tracks the size of China’s burgeoning sectors rose to 30 in November, up 1.5 points

Caixin Global

Weekly Must-Read: China Lines Up Yet More Aid for the Property Sector, But Will It Be Enough?

New round of policy measures to support beleaguered developers is imminent, as Beijing seeks to check a protracted downturn, Caixin has learned

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Shanghai Composite Index Fell 0.29% on Friday

Shenzhen Component Index closed down 0.39%

Caixin Global

Guangzhou Pushes Life Toward Normalcy After Easing Covid Curbs

Southern China metropolis reopens shops and restaurants, resumes public transit and dismantles barriers around communities

Caixin Global

Sunac China Gets $1.15 Billion Cash Injection for Shanghai Project

State-owned Huarong and Citic take nearly 90% stake in Sunac unit that owns the incomplete Dongjiadu development

Caixin Global

China Targets Seniors in Renewed Covid Vaccination Drive

Authorities aim for 90% of people over 80 years old to have at least one dose by the end of next month, Caixin has learned

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Caixin Global

China’s Vice Premier Urges Refining Covid Response

Sun Chunlan says the country’s battle against the virus requires a new approach as the omicron variant becomes less pathogenic and vaccination rates increase

Caixin Global

Shanghai Composite Index Rose 0.45% on Thursday

Shenzhen Component Index closed up 1.4%

Caixin Global

Auto Dealers Face Mounting Inventories as Sales Slow

November stocks of unsold vehicles reach the second-highest level this year as Covid lockdowns stymie business

Caixin Global

China to Fully Reopen by Mid-2023, Top UBS Economist Predicts

Hu Yifan projects surge in economic growth as authorities exit strict Covid control policies by next year’s third quarter

Caixin Global

Debt-Plagued Sunac Predicts Swing From Profit to Loss

Developer blames reversal of fortunes on Covid resurgence and slumping property market

Caixin Global

Guangzhou to Conditionally Allow Home Quarantine for Covid Close Contacts

The southern Chinese metropolis is aiming to ‘optimize’ pandemic prevention measures as it battles one of the worst outbreaks in the country

Caixin Global

China Prepares to Expand Public Assistance to Low-Income Residents

The expansion will apply to around 6.1 million people on the cusp of qualifying for a basic living allowance, and another 6.8 million under temporary financial strain

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