China’s benchmark Shanghai Composite Index (000001.SH) lost 0.13% on Tuesday, while the Shenzhen Component Index (399001.SZ) fell 0.11%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.65% 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:
· Opinion: Chinese Leadership Needed to Protect Antarctica’s Southern Ocean
The body of water acts as an enormous carbon sink that has already absorbed about a third of the additional carbon dioxide we have put into the air
· Gas Majors Halt Myanmar Projects While Total Stays Put
Companies seek to choke off junta’s funds, but power shortages could hurt locals
· HSBC Asia Technology M&A Head Choy to Join Midea as Finance Chief
The Hong Kong-based veteran dealmaker is taking up the job as Midea seeks to diversify from its traditional home appliances business
· ‘Tesla Brakes Fail’: Shanghai Police Detain Auto Show Protestor
Persistent protester whose father was in a car crash jumps atop a Model 3 to shout ‘Tesla brakes fail’ before being taken away
· Huawei’s Meng Seeks Extradition Hearing Delay as Canada Objects
Executive’s lawyers to put proceedings on hold to give them time to examine documents from the company’s bank that have just been released
· BRIDGING CUTTING-EDGE RESEARCH AND INDUSTRY NEEDS IN AI INNOVATION
· CX Daily: Zhou Xiaochuan on the Challenges of Taxing the Digital Economy
Biden and Suga pledge to bolster their alliance to counter China’s rise. The first car equipped with Huawei’s self-driving system goes on sale
· Retired Official of China’s Biggest Policy Lender Under Probe
Zhang Maolong becomes part of ongoing anti-graft campaign rattling China Development Bank
· Meituan Seeks $10 Billion to Fight Alibaba in Grocery Arena
Chinese delivery giant plans sale of new stock in Hong Kong and borrowing through convertible bonds as it girds for competition
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This article was generated by Caixin Automation.
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