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The Latest Breaking News from Caixin Global

Four Ex-CNOOC Executives Stung in Graft Crackdown

The quartet, including ex-deputy general managers and department heads, are under investigation for ‘suspected serious violations of discipline and law’

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Shanghai Composite Index Fell 0.68% on Wednesday

Shenzhen Component Index closed down 0.1%

Caixin Global

Guangzhou Relaxes Property Purchase Curbs on Foreign Buyers

Restrictions lifted for non-Chinese mainland home buyers in latest move to revitalize housing market

Caixin Global

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German Optics Giant Kicks Off Production at New China Facility

Zeiss spent $34 million and two years building the site in Suzhou

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Shanghai Composite Index Rose 1.26% on Tuesday

Shenzhen Component Index closed up 1.68%

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Chinese Automakers Dominate Israel’s Market

In the first half, Chinese firms sold over 34,500 fossil-fuel cars and EVs in the country, ahead of Korean and Japanese brands

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Ex-Provincial Legislature Vice Chair Expelled for Falsifying Stats

Peng Guofu, who formerly served on the standing committee of the Hunan Provincial People’s Congress, has also been removed from public office for violations including bribery

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Shanghai Composite Index Fell 0.93% on Monday

Shenzhen Component Index closed down 1.54%

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Shanghai Composite Index Fell 0.93% on Monday

Shenzhen Component Index closed down 1.54%

Caixin Global

Shanghai Composite Index Fell 0.93% on Monday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.93% on Monday, while the Shenzhen Component Index (399001.SZ) fell 1.54%.

Caixin Global

Shanghai Composite Index Fell 0.93% on Monday

Shenzhen Component Index closed down 1.54%

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%

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‘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%

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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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Caixin Global

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

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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

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

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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