China’s benchmark Shanghai Composite Index (000001.SH) lost 0.41% on Wednesday, while the Shenzhen Component Index (399001.SZ) fell 0.38%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) ended nearly flat for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.3%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Everything You Need to Know About China’s Decarbonization Drive
The country’s climate campaign is set to bring trillions of dollars of investment opportunities and aims to advance emissions-reduction technologies and low-carbon industries
· U.S. Resumes Visa Services in China After Reopening Borders
After nearly two-year pandemic suspension, U.S. to allow entry by vaccinated travelers with a negative Covid-19 test
· In Depth: Wang Shi Sees More Hope Than Disappointment at Climate Summit
China Vanke founder and leading environmentalist reports greater sense of optimism after participating in his 11th UN climate event
· China to Improve Links Between Digital Yuan and Payment Apps
Central bank Governor Yi Gang outlines plans to improve the new currency’s ecosystem in remarks before Bank of Finland forum
· Alibaba Joins Bike-Sharing Startup Hello's $280 Million Funding Round
Survivor of China’s cutthroat bike-sharing wars continues attracting big-name investors after bailing out of U.S. share sale
· Keep Zero-Covid Strategy Intact Until ‘Barrier of Immunity’ Established, Top Epidemiologist Says
Zeng Guang added that the ongoing booster vaccination drive remains critical
· PBOC’s Carbon-Reduction Lending Program Has Modest Start, but Great Potential, Analysts Say
The central bank’s new tool to steer funds to green businesses could eventually unleash far more than the $63 billion estimated to be released over the next year
· Tech Insider: Huawei’s ASEAN Talent Drive, Tencent Music’s Drop
Tesla books staggering export growth, Geely announces new smart truck
· Ant-Backed Indian Payment Platform Paytm Opens IPO Subscription
Listing expected to raise $2.5 billion, potentially making it the biggest in India’s history
· Recruitment Specialist 51job’s Shares Slump Amid Regulatory Hullabaloo
Company says the consortium planning to take it private had talks with Chinese regulators over recent changes
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This article was generated by Caixin Automation.
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