China’s benchmark Shanghai Composite Index (000001.SH) gained 0.8% on Tuesday, while the Shenzhen Component Index (399001.SZ) rose 0.19%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.3% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.82%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· In-Depth Analysis: NFTs Will Have Wide Applications Once Hype Settles
Trade in non-fungible tokens (NFTs) is growing rapidly, but not all of the market enthusiasm is hype
· Death of Top Moutai Sales Executive Under Investigation
Zeng Xiangbin, general manager of scandal-plagued liquor giant’s sales unit, may have committed suicide while involved in a probe, source say
· China’s Securities Regulator Backs Overseas Share Sales in Orderly Manner
CSRC outlines seven priorities for its work in 2022, including healthy development of capital market and registration-based IPO system
· State Documentary Details Crimes of Former High-Ranking Police, Judicial Officials
Probe into ex-Justice Minister Fu Zhenghua is among the corruption cases explored in the five-episode series run on national television
· BYD’s $61 Million Chile Lithium Deal Hits the Rocks
Just two days after the deal was sealed, a court has stepped in after appeals from communities in the lithium-rich Atacama region
· Cover Story: China in Hand-to-Hand Combat With Omicron
Stealthy, fast-spreading variant poses tough test for China’s ‘Covid Zero’ policy heading into Winter Olympics and Lunar New Year
· Update: Beijing Reports First Local Omicron Case
The Chinese capital recorded the highly contagious variant three weeks before the winter Olympics
· South China Omicron Cluster Grows as Travel Bans Imposed
The city of Zhuhai in Guangdong had reported seven local cases of the highly infectious Covid-19 variant on Saturday
· Alibaba-Backed Baseband Chipmaker Flops in Shanghai Debut
Shares of ASR Microelectronics lost a third of their value after listing Friday
The Chinese tech giant said Tuesday that its divestment of Sea shares provides it with ‘resources to fund other investments and social initiatives’
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This article was generated by Caixin Automation.
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