China’s benchmark Shanghai Composite Index (000001.SH) lost 0.67% on Monday, while the Shenzhen Component Index (399001.SZ) fell 0.43%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.17% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.32%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Opinion: China’s Capital Market Rules Get Sharper Teeth
The latest set of ‘National Nine Articles’ offers a roadmap for achieving high-quality economic development through better regulation
· Beijing Vice Mayor Investigated for Corruption
Gao Peng has been in his post for just over a year and is responsible for urban management,transportation, agriculture and rural affairs
· Chile Slaps Tariffs on Chinese Steel to Bolster Local Mills
An uptick of cheap imports due to a slowdown in China’s economy is pressuring producers around Latin America
· Cover Story: China’s Balancing Act to Keep Its Social Security System Afloat
The government must boost contributions, while addressing calls to reduce the financial burden amid a wobbly economy, the slowest wages growth in 40 years and an aging population
· China’s High Court Weighs In on Sham Divorces
New judicial interpretation offers guidance on how lower court judges should apply the country’s Civil Code, including on cases involving property disputes between unmarried couples living together
· Hillhouse Unit to Buy Back Longi Green Energy Shares Amid Probe
The investment arm of private equity heavyweight promises to buy back all the shares five months after China securities regulator opened an investigation into suspected share transfer violations
· Weekend Long Read: Fleeing Violence at Home, Burmese Struggle to Start New Lives in China
An influx of young people from Myanmar since the beginning of this year has seen Chinese authorities at one key border crossing tighten requirements for entry, leading to a sense of hopelessness among the displaced
· U.S. Lawmakers Seek Sanctions on Chinese Carmakers for ‘Aiding Russian Military’
‘No Limits Act’ aims to stop Internet-connected vehicles with Chinese technology from entering U.S. military bases
· L’Oréal Pledges More Investment in China
The world’s biggest beauty company has 100 million customers in China and the potential to reach 500 million, says L’Oréal China’s CEO
· China’s Top Court Highlights Juvenile Crimes Following Brutal Teenage Slaying
More than one-fifth of minor defendants involved in violent crime cases in the past three years were left-behind children, the court said, highlighting the importance of family supervision
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This article was generated by Caixin Automation.
