Shanghai Composite Index Rose 0.67% on Friday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Commitments follow power outages and rationing in several provinces
China Chengtong and Dongxing to bid for 98% stake in New Times Securities
But price outlook is uncertain because of changes in markets for labor, housing and food
Yields surge after Fantasia Holdings becomes the latest real estate firm to miss a bond payment in the wake of the Evergrande crisis
Two Hong Kong-listed companies led the loss-making firm’s recent funding round
City’s chief executive outlines plans for housing development and attracting global talent in annual policy address
Decline undercuts uptick in capital inputs as old economy weighs
In the latest sign of improved communication between Beijing and Washington, top officials meet in Switzerland
New ‘Northern Metropolis’ will house up to 2.5 million people and create 650,000 jobs, Lam says
Failure to make payment adds to concerns on property sector as Evergrande struggles with liquidity
Click here to read more of the latest news.
This article was generated by Caixin Automation.
Follow the Chinese markets in real time with Caixin Global’s new stock database.