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The Latest Breaking News from Caixin Global

Pony.ai, SAIC Motor Get Green Light to Operate Unmanned Robotaxis in Shanghai

Companies including Pony.ai and SAIC have announced they will offer services in the city

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Shanghai Composite Index Fell 0.26% on Friday

Shenzhen Component Index closed up 0.25%

Caixin Global

‘Vehicle-Road-Cloud Integration’ Pilot Program to Include 20 Cities

Plan includes establishing a system of roadside infrastructure to support rollout of autonomous driving

Caixin Global

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Weekly Must-Read: China’s Ultra-Long Bonds May Test PBOC’s Monetary Toolkit

Although the government is pacing the sale of its 1 trillion yuan of special debt, the central bank has instruments at its disposal to ward off any market shock

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Xi Calls for Stronger ‘Strategic Coordination’ With Moscow

The Chinese president met his Russian counterpart Vladimir Putin on the sidelines of the Shanghai Cooperation Organization summit in Kazakhstan

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Shanghai Composite Index Fell 0.83% on Thursday

Shenzhen Component Index closed down 0.99%

Caixin Global

Debt-Laden Chinese Supermarket Chain Gets Nod for $344 Million Share Sale

Court gives Better Life the go-ahead to raise the funds for its restructuring plan, exchange filing shows

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Shanghai Composite Index Fell 0.49% on Wednesday

Shenzhen Component Index closed down 0.59%

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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

Caixin Global

Shanghai Composite Index Rose 0.08% on Tuesday

Shenzhen Component Index closed down 0.97%

Caixin Global

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%.

Caixin Global

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

Top Stories of the Month: How the EU’s New Tariff Hikes Will Affect China

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

Caixin Global

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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Caixin Global

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

Caixin Global

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

Caixin Global

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

Caixin Global

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%.

Caixin Global

Two Adidas China Employees Leave After Internal Graft Investigation

Anonymous whistleblower exposes potential compliance violations among German sportswear staff

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