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The Latest Breaking News from Caixin Global

Hainan Airlines’ Stock Gets Much-Needed Boost From Key Investor

Shares of the Shanghai-listed carrier nosedived in June to a level that could trigger forced delisting

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Shanghai Composite Index Rose 0.08% on Tuesday

Shenzhen Component Index closed down 0.97%

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China Tightens Grip on Rare Earths to Ensure ‘Industrial Security’

New regulation stipulates that all entities involved in the industry must enter data into a new system for tracing rare earth products

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Shanghai Composite Index Rose 0.92% on Monday

China’s benchmark Shanghai Composite Index (000001.SH) gained 0.92% on Monday, while the Shenzhen Component Index (399001.SZ) rose 0.57%.

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Shanghai Composite Index Rose 0.92% on Monday

China’s benchmark Shanghai Composite Index (000001.SH) gained 0.92% on Monday, while the Shenzhen Component Index (399001.SZ) rose 0.57%.

Caixin Global

The bloc formally notified carmakers including BYD, Geely Auto and SAIC Motor that they will be subject to additional duties of up to 38.1% from July 4

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Chinese City Plans to Honor Woman Who Died Trying to Stop Stabbing of Japanese Mother

Hu Youping will posthumously be given the title of ‘righteous and courageous role model’ for putting herself between the attacker and his victims

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Shanghai Composite Index Rose 0.73% on Friday

Shenzhen Component Index finished nearly flat

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Former Top Shanghai Lawmaker Admits Taking $20 Million in Bribes

Dong Yunhu’s downfall led to a series of arrests among Shanghai’s officialdom

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Sales of Clean Energy-Powered Heavy Trucks Surge by 139%

Drive to meet carbon reduction goals and more advanced batteries are fueling the sales boom

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Weekly Must-Read: China Mulls Tax System Overhaul to Ease Record Local Government Debt

Proposed reforms would shift revenue from the central government and relieve localities of some expenses

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Yuan Drops to Seven-Month Low as PBOC Weakens Fixing Again

China’s central bank lowered the currency’s daily reference rate against the dollar for the seventh straight trading day

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CATL’s Chief Says There’s a Better Way Than Tariffs to Steer Where EV Batteries Get Made

Chairman Zeng Yuqun suggests production capacity should be distributed proportionately among countries based on each one’s stake in the industry

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Communist Party to Set Out Reform Agenda at Mid-July Plenum

The third plenum next month will ‘primarily examine issues related to further comprehensively deepening reform and advancing Chinese modernization,’ state media reported

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EV-Maker Hozon Plans Hong Kong IPO

The Chinese firm is looking to new shareholders to finance its overseas expansion, although it hasn't disclosed how much it wants to raise

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Shanghai Composite Index Fell 0.9% on Thursday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.9% on Thursday, while the Shenzhen Component Index (399001.SZ) fell 1.53%.

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Two Adidas China Employees Leave After Internal Graft Investigation

Anonymous whistleblower exposes potential compliance violations among German sportswear staff

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Shanghai Composite Index Rose 0.76% on Wednesday

Shenzhen Component Index closed up 1.55%

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Japanese Mother and Boy Injured in Suzhou Knife Attack

Chinese woman on school bus is critically injured after trying to intervene

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China’s Regulator Accepts Mizuho Application to Set Up Securities Firm

Japan-based financial institution is the latest foreign firm to apply to establish a wholly owned brokerage

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Another Top Hospital Chief Caught Up in China’s Health Care Corruption Crackdown

Cheng Yingsheng, the president Tongji Hospital in Shanghai, is under investigation for ‘serious violations of discipline and law,’ the city’s corruption watchdog says

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At Least 17 Chinese Killed in Korean Lithium Battery Plant Fire

The blaze broke out Monday morning at battery-maker Aricell’s three-story plant in Hwaseong

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Shanghai Composite Index Fell 0.44% on Tuesday

Shenzhen Component Index closed down 0.83%

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Boss of State Aviation Fuel Giant Comes Under Investigation

Corruption probe into chief of CNAF after business falls off and public listing failed

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Tencent’s Online Bank Gets Nod to Open Hong Kong Subsidiary

WeBank will use the new unit to provide tech services to Belt and Road Initiative countries and regions

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