China’s benchmark Shanghai Composite Index (000001.SH) gained 0.84% on Monday, while the Shenzhen Component Index (399001.SZ) rose 0.98%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.67% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.65%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· U.K. Welcomes China Investment in ‘Key Areas,’ Trade Minister Says
Dominic Johnson told Caixin in an exclusive interview that collaboration was particularly sought after in renewable energy and infrastructure
· China Criminal Code Amendments Part of Five-Year Legislative Plan
The 130-item plan includes revisions to the existing Criminal Law and drafts of new economic laws related to financial stability and consumption tax
· Weekend Long Read: How Huawei Picks and Develops Talent
The tech giant focuses on recruiting exceptional technical specialists and then leaves them with room to grow, company founder Ren Zhengfei says
· Guangzhou Scraps Controversial Price Limits on Housing Projects
Moving to spur the ailing property market, Southern China metropolis quietly drops a seven-year-old policy
· Iron Futures Weaken After Regulators Issue Price Warning
Following a 20% surge in black metal futures, NDRC and CSRC call traders on the carpet and tell them to cool it
· In Depth: Canceled Contracts Upset Chinese Drugmakers’ Overseas Push
China became a net exporter of innovative treatments for the first time in the first half of the year, but with more ‘out-licensing’ agreements come more cancellations
· Better Sino-U.S. Relations Vital for Chip Sector Growth, Industry Chief Says
John Neuffer, president and CEO of the Semiconductor Industry Association, shared his hopes and concerns for the future of the global business
· Reporter’s Notebook: As ASEAN Host, Indonesia Eyes Ascent to Global Prominence
While discussions on geopolitical plays by major powers were to be expected, the emphasis tended more toward promoting the rise of Southeast Asia’s influence
U.S. lawmaker says SMIC ‘looks like’ it violated sanctions, can competitive video gaming make the Olympics?
· Ex-Senior Supreme Court Official Probed in Anti-Graft Campaign
Zheng Xuelin, former head of a division at China’s top court, is suspected of ‘serious violations of discipline and law,’ a common euphemism for corruption
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.
