China’s benchmark Shanghai Composite Index (000001.SH) lost 0.23% on Thursday, while the Shenzhen Component Index (399001.SZ) rose 0.41%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 1.42% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.77%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· China Regulator Fines Parent Of BMW Partner Over False Accounting
Huachen Automotive found to have cited inflated profits when selling bonds
· Apparel Reseller Vestiaire Sees Asia’s Luxury Shoppers Warm to Secondhand Gucci
The view that selling or buying secondhand items was a sign of money problems is fading
· Indonesian Teledoctor Halodoc Gets $80 Million in New Funding Round
Conglomerate Astra and Singapore’s Temasek among first-time investors
· Collision grows to welcome 38,039 attendees to its second virtual event
Tencent tops in Greenpeace's China Big Tech ranking. Tesla says sorry to Chinese buyers.
· China’s Largest Duty-Free Retailer Plans Hong Kong Listing
Parent of China Duty Free Group reports surge in profits for 2020 despite pandemic as new policies encourage shopping in Hainan
· Australia Cancels China’s Belt and Road Accord With Victoria
Amid icy relations, Foreign Minister Marise Payne exercises federal authority under new laws to nix states’ foreign deals
· Singapore’s DBS Takes Control of Rural Lender in Push Into Bay Area
Purchase of 13% stake in Shenzhen Rural Commercial Bank for $814 million reflects strategy of expanding the bank’s China footprint
· Senior Energy Regulator Expelled From Party for Corruption
Liu Baohua, former deputy chief of NEA, joins lengthening list of agency officials brought down on graft charges
· Chinese Exchanges Receive Listing Applications From Infrastructure-Related REITs
Shenzhen and Shanghai bourses each consider proposals from two real estate investment vehicles nominated by the NDRC
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This article was generated by Caixin Automation.
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