China’s benchmark Shanghai Composite Index (000001.SH) lost 0.4% on Monday, while the Shenzhen Component Index (399001.SZ) fell 1.13%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.81% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 1.54%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Cover Story: China May Find Cure for Stagflation by Studying Japan’s Experience
As Japanese economy rises from slump, China’s woes look familiar
· Overseas Sales of Chinese Self-Developed Games Drop for Second Straight Year
Stiff market competition and shifts in privacy policies have posed challenges to global expansion this year, according to China Audio-video and Digital Publishing Association
· Weekend Long Read: Lessons From China’s Push to Go Global
To succeed in developing economies, companies shouldn’t hesitate to move manufacturing there to increase local incomes and create a wealthier customer base
· China Eyes 20% Annual Growth in Data Industry by 2026
Roadmap set out to double data transactions within two years with expansion in industries such as smart manufacturing, transport, healthcare and tourism
· China’s Housing Market Woe Deepens with Price Drops in More Cities
Latest data shows that new-home prices in 70 major cities fell 0.4% in November from the previous month despite measures to boost sales
· Chinese Court Orders Nokia to Accept Lower Royalties on Oppo 5G Phones
Ruling is latest move by domestic courts to assert jurisdiction over what are considered fair fees charged by foreign patent holders in the country
· Veteran ICBC Credit Suisse Fund Manager Dies
Du Haitao, who managed 4 billion yuan of assets, suffered a heart attack while running, sources say
· Tech Insider: AI Comes Down From the Cloud, Hydrogen’s Star Rises
aimondo says U.S. is looking into Nvidia’s China-market chips, Temu rekindles legal beef with fast-fashion rival Shein
· Q&A: Charles Li Explains His New Loan Model for Small Businesses
Chinese banker and former CEO of the Hong Kong Stock Exchange says he welcomes regulation of his Micro Connect venture
· Subway Train Collision in Beijing Sends 515 Passengers to Hospital
Sixty-seven people remained in treatment as of Friday morning, with another 25 under observation, the local transport authority says
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This article was generated by Caixin Automation.
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