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The Latest Breaking News from Caixin Global

Huawei Moves CEO of Terminal Business to Chairman Role

Chinese tech giant names Richard Yu, who has already served as CEO of the business arm that includes smartphones and smart car solutions for 10 years

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China’s Communist Party to Hold Key Plenary Session in July

Third plenum to concentrate on further deepening reform and advancing Chinese modernization, according to agency reports

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Shanghai Composite Index Fell 0.26% on Tuesday

Shenzhen Component Index closed down 0.9%

Caixin Global

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While scanning QR codes is the ubiquitous payment method in China, it’s not available to most foreign visitors, making it a major hassle to even buy a coffee

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Flying Car Startup Volant Completes $13 Million Funding Round

The funds will be used for flight testing and to accelerate the airworthiness certification process, the company said

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Shanghai Composite Index Rose 0.79% on Monday

Shenzhen Component Index closed up 2.22%

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Top Investment Bank CICC Warned by Regulator for Compliance Flaws

CICC accused of breaking rules by hiring personnel not qualified to carry out securities business

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Nio to Stick to Making Pure-Electric Cars, Despite Hybrid Hype

Founder Li Bin predicts that, at some point, there will be a complete shift to entirely electric models in the Chinese market

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Senior Securities Regulator Under Corruption Probe

Yao Qian is director of the China Securities Regulatory Commission’s technology supervision department and IT service center

Caixin Global

Shanghai Composite Index Rose 1.17% on Friday

Shenzhen Component Index closed up 2.15%

Caixin Global

Xiaomi Expects Annual Car Delivery to Reach 100,000

SU7, Xiaomi’s electric vehicle, secured more than 75,700 orders in the 28 days since its launch

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Weekly Must-Read: Why China’s Project Whitelists Can’t Cure Real Estate Slump

Although the lists are helping many developers secure financing to finish their projects, there may not be enough demand for new homes to soak up the extra supply, bankers warn

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Former Head of Shanghai Legislature Charged With Bribery

Prosecutors accused Dong Yunhu of taking advantage of his positions to hand out favors

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Shanghai Composite Index Rose 0.27% on Thursday

Shenzhen Component Index closed up 0.14%

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Caixin Global

China’s Sovereign Fund Poured $45 Billion into Stock Market in First Quarter

Rise in loans from non-banking financial institutions suggest they are linked to market stabilization measures, say analysts

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China’s Space Station Will ‘Definitely’ Welcome Foreign Astronauts in Near Future

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Shanghai Composite Index Rose 0.76% on Wednesday

Shenzhen Component Index closed up 0.74%

Caixin Global

Japan Expects Flood of Chinese Tourists Over Labor Day Holiday

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news in one place.

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Caixin Global

Shanghai Composite Index Fell 0.74% on Tuesday

Shenzhen Component Index closed down 0.61%

Caixin Global

Shanghai Supermarket Chain Goes Bust As Business Slows

China’s slowing economy is forcing many consumers to cut back while others are turning to e-commerce

Caixin Global

Nonbank Payment Providers Get Five Years to Comply With New Rules

Guidelines clarify issues of concern in the industry and detail measures for complying with the new rules

Caixin Global

Shanghai Composite Index Fell 0.67% on Monday

Shenzhen Component Index closed down 0.43%

Caixin Global

Beijing Vice Mayor Investigated for Corruption

Gao Peng has been in his post for just over a year and is responsible for urban management,transportation, agriculture and rural affairs

Caixin Global

Shanghai Composite Index Fell 0.29% on Friday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.29% on Friday, while the Shenzhen Component Index (399001.SZ) fell 1.04%.

Caixin Global

Shanghai Composite Index Fell 0.29% on Friday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.29% on Friday, while the Shenzhen Component Index (399001.SZ) fell 1.04%.

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