China’s benchmark Shanghai Composite Index (000001.SH) gained 0.26% on Monday, while the Shenzhen Component Index (399001.SZ) rose 0.55%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.84% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.89%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Cover Story: Personal Freedom Vies With Deterrence in Public Security Law Revamp
A proposed amendment to add more acts that constitute public security violations under Chinese law may cause potential violators to think twice, but legal experts ask at what cost?
· Weekend Long Read: What It Took to Topple Wang Wenhai
The ex-provincial justice chief’s downfall is the story of black market relic dealers, local police whistleblowers, and a billionaire pedophile rapist who bribed his way out of a death sentence
· Troubled Zhongzhi-Linked Trust Engages Two State-Owned Firms to Help Manage Business
Zhongrong International Trust enlists units of Citic and China Construction Bank to help sort out payment default quandary
· Chinese VIE Firm One Step Closer to U.S. IPO Under New Listing Rules
Confirmed registration with China’s top securities regulator paves the way for Cheche Technology to become the first VIE to list in the U.S. since new rules took effect in March
· Evergrande’s Insurance Arm Taken Over by New State-Owned Insurer
Hai Gang Life to assume assets, liabilities, operations and personnel of insolvent Evergrande Life Assurance
· Former ICBC Anti-Graft Chief Surrenders in Corruption Probe
Liu Lixian, a veteran corruption fighter, turned himself in last month amid an intensifying financial sector crackdown
· Analysis: Will Cambodia’s New Leader Follow in His Father’s Footsteps?
Hun Manet was groomed for leadership by the Southeast Asian country’s former prime minister and strongman Hun Sen since his youth, but some observers predict a ‘more confident, more open’ government in Phnom Penh
· Tip Sheet: Who Tops China’s Massive Solar Manufacturing Market?
Chinese solar companies are expanding aggressively at home and abroad. Here are five leaders of the pack that are defining the global solar market
· China Classifies Monkeypox as Class B Infectious Disease
Change allows local authorities to take measures such as lockdowns under certain conditions during outbreaks of the virus
· China, Cambodia to Team Up on Tackling Cross-Border Crime
President Xi Jinping says Beijing will work with Phnom Penh to combat rampant fraud and other criminal activity as Chinese gangs increasingly operate out of the Southeast Asian nation
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This article was generated by Caixin Automation.
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