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The Latest Breaking News from Caixin Global

Shanghai Composite Index Fell 0.18% on Wednesday

Shenzhen Component Index closed down 0.44%

Caixin Global

Two Ex-Executives of CNOOC Fall Amid Anti-Graft Storm

Two more industry veterans face probe as authorities target corruption in sprawling state-owned sector

Caixin Global

Another of China’s Former Justice Ministers Faces Graft Probe

Investigation into Tang Yijun comes after his predecessor was convicted of corruption in 2022

Caixin Global

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Former Chairman of State-Owned Automaker Caught in Corruption Dragnet

Anhui province graft busters are investigating An Jin three years after retiring from the JAC Group

Caixin Global

Shanghai Composite Index Fell 0.08% on Tuesday

Shenzhen Component Index closed down 0.62%

Caixin Global

China Welcomes More Foreign Travelers as Visa Waiver Expands

Efforts to attract visitors bear fruit but visits still lag pre-pandemic levels

Caixin Global

Shanghai Composite Index Rose 1.19% on Monday

Shenzhen Component Index closed up 2.62%

Caixin Global

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Chinese Wind Turbine Makers Feel the Pinch of Fierce Competition

World-leading firms see margins fall as equipment prices trend lower

Caixin Global

Caixin Top Stories of the Month: Local Governments Struggle to Tackle Mountain of Hidden Debt

Progress has been slow as many authorities experience difficulties in refinancing the borrowings of their financing vehicles and banks worry about potential bad debts

Caixin Global

Shanghai Composite Index Rose 1.01% on Friday

Shenzhen Component Index closed up 0.62%

Caixin Global

Weekly Must-Read: China IPO Slowdown Pits Startups Against Investors

As companies miss listing deadlines, they are increasingly becoming mired in disputes with their early-stage investors who want their money back

Caixin Global

Ex-Head Coach of China’s National Soccer Team Pleads Guilty to Bribery Charges

Former coach accepted bribes, paid bribes, manipulated player selections and match outcomes

Caixin Global

Citic Securities Denies Short Selling After Shanghai Stocks Drop Most in a Month

Top brokerage condemns ‘false and untrue information’ that has damaged the company’s reputation

Caixin Global

PetroChina Seeks to Shape Up Its Lackluster Overseas Business

The state-owned oil and gas giant’s foreign endeavors generated one-third of its revenue in 2023, but less than a fifth of its pre-tax profit

Caixin Global

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news in one place.

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Caixin Global

HSBC Launches Tokenized Gold Product in Hong Kong

The Gold Token is aimed at retail investors and is part of the government’s drive to build the city into a global virtual assets hub

Caixin Global

Shanghai Composite Index Rose 0.59% on Thursday

Shenzhen Component Index closed up 1.31%

Caixin Global

Beijing Scraps Homebuying Curbs on Divorcees in Further Easing Move

City makes a further move to ease restrictions on home purchases in a bid to boost the real estate market

Caixin Global

Chinese Hospital Association Removes Missing Vice President

Fang Laiying, a retired senior health official from Beijing, was booted by the CHA after nearly 10 months out of the public eye

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Caixin Global

Smaller Chinese Banks Trim Deposit Rates to Protect Profit Margins

One Guangdong province-based bank lowers rate on five-year time deposits to 2.5% from 2.7% as expectations grow for a continued decline in loan rates

Caixin Global

China’s Central Bank Appoints New Deputy Governor

PBOC promotes Tao Ling, a veteran official, as its fifth deputy

Caixin Global

Shanghai Composite Index Fell 1.26% on Wednesday

Shenzhen Component Index closed down 2.4%

Caixin Global

U.S. Fiber-Optic Connector Maker Alleges Chinese Firms’ Imports Infringe Patents

US Conec files complaint with U.S. trade watchdog alleging violations of its intellectual property rights by 19 companies including five from the Chinese mainland

Caixin Global

Ex-Provincial Official Gets Life for Causing ‘Significant Loss’ to Public Assets and Bribery

Yi Pengfei, a seasoned Communist Party official from Hunan province, took $11.2 million in bribes over two decades

Caixin Global

PBOC Governor Says Property Market Shows ‘Positive Signs’

Real estate sector has a solid foundation for healthy development over the long term, China’s central bank chief, Pan Gongsheng, told the China Development Forum

Caixin Global

Ex-Official of China’s Banking Regulator Hit With Corruption Probe

Another Ex-Financial Regulator Expelled From Communist Party Over Graft Allegations

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