China’s benchmark Shanghai Composite Index (000001.SH) gained 0.17% on Thursday, while the Shenzhen Component Index (399001.SZ) fell 0.73%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 1.83% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 1.98%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Chinese Provinces Cut 2022 Fiscal Revenue Growth Targets
Of 25 provinces releasing budget plans, only Henan and Tibet set higher expansion goals than last year as authorities grow pessimistic
· Shenzhen District Suspends Inbound Mail Delivery on Virus Fears
Luohu District neighboring Hong Kong opens pick-up centers for disinfecting and distributing international parcels
· Regulators Move to Rein in Renewed Surge in Coal Prices
NDRC proposes capping thermal coal prices at lower levels following six straight weeks of gains and 40% jump since beginning of the year
· Trending in China: Eileen Gu Wins Gold on Social Media
American-born Chinese freestyle skiing champion wins overwhelming praise in China, and so does her venture capitalist mother
· After Video of Shackled Woman Shocks China, Similar Case Emerges in Same Village
In a since-deleted video posted to Douyin, a woman in Feng county is seen lying on the dirt floor of a home
· China’s Steel Industry Given Five More Years to Peak Carbon Emissions
Country’s No. 2 carbon emitting industrial sector will now have until 2030
· Veteran Chinese Investment Manager Found Dead in Shanghai River
Police are investigating the circumstances surrounding the death of Gao Shan, who went missing in early January
· Hong Kong Vegetable Prices Surge as Covid Curbs Affect Deliveries
Stricter testing requirements for cross-border truckers has led to a reduction in supplies from the mainland
· Beijing Olympics Mascot Sparks Buying Frenzy After Going Viral
Souvenirs of Bing Dwen Dwen have flown off physical and online store shelves, despite sluggish overall consumer spending in China
· Opinion: From Eileen Gu to Zhu Yi — Let’s Cheer On Our Naturalized Players
Despite social media criticism, China's naturalization strategy has proven effective, in both yielding Olympic gold and showing the true meaning of sports
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This article was generated by Caixin Automation.
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