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The Latest Breaking News from Caixin Global

Shanghai Composite Index Rose 0.25% on Monday

Shenzhen Component Index closed up 0.1%

Caixin Global

Xi, Biden to Meet on Sidelines of APEC Summit in San Francisco

The two heads of state are expected to discuss a range of topics including continued importance of maintaining open lines of communication

Caixin Global

Caixin Summit: Yuan Wins More Overseas Favor as Financing Currency Due to Lower Costs, Economist Says

High interest rates in developed economies are driving the broader use of the redback, Standard Chartered economist Becky Liu says

Caixin Global

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Chinese Authorities Identify 11 Suspects in Fatal Gym Collapse

This is the second gymnasium collapse in Northeast China’s Heilongjiang province in just over three months, raising concerns about building safety in the region

Caixin Global

U.S. Subsidiary of China’s Largest Bank Hit by Ransomware Attack

The systems of the ICBC head office and other affiliated institutions are not affected by the incident, the unit says

Caixin Global

Shanghai Composite Index Fell 0.47% on Friday

Shenzhen Component Index closed down 0.53%

Caixin Global

Caixin Summit: Asia’s Young Workforce Helps Control Inflation, BIS Official Says

The region’s agricultural sector and gig economy are also key factors in slowing price growth, Zhang Tao says

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Senior China, U.S. Diplomats Hold Arms Talks

Sun Xiaobo of the foreign ministry and U.S. bureau of weapon control’s Mallory Stewart met in Washington to discuss issues ranging from nonproliferation to security in space

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Thursday

Shenzhen Component Index closed down 0.2%

Caixin Global

Shanghai Composite Index Fell 0.16% on Wednesday

Shenzhen Component Index finished nearly flat

Caixin Global

Ex-Deputy Governor of Guizhou Accused of Reckless Debt Borrowing

Li Zaiyong, under investigation by graft busters, gets kicked out of the Communist Party and expelled from public office

Caixin Global

He Lifeng Is Running China’s Two Top New Financial Overseers

Vice premier serves as director of the general office of the central financial commission and secretary of the central financial work commission, state media reveals

Caixin Global

Shanghai Composite Index Ended Nearly Flat on Tuesday

Shenzhen Component Index closed down 0.15%

Caixin Global

China, U.S. Hold Talks on Maritime Security

Both sides call for strengthening communications to ‘avoid misunderstanding and misjudgment’

Caixin Global

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Caixin Global

Shanghai Composite Index Rose 0.91% on Monday

Shenzhen Component Index closed up 2.21%

Caixin Global

Former Inner Mongolia Chief Justice Pleads Guilty to Bribery

Hu Yifeng took $5.1 million in exchange for favorable treatment in cases and other help over a 23-year period, prosecutors say

Caixin Global

Shanghai Composite Index Rose 0.71% on Friday

Shenzhen Component Index closed up 1.22%

Caixin Global

Caixin China New Economy Index Falls as Investment Shrinks

The gauge that tracks the size of high value-added industries such as biotech dropped to 31 in October from 31.9 the previous month

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Caixin Global

Shanghai Composite Index Fell 0.45% on Thursday

Shenzhen Component Index closed down 0.94%

Caixin Global

Macao Gambling Revenue Surges on Holiday Tourism Boom

With borders reopened, casino revenues back to 74% of re-Covid levels in October; revenues up 400% in October from year ago, with boost from China’s National Day holiday

Caixin Global

Chinese Solar Firms Feel Squeeze on Profits as Overcapacity Hits

Many companies are ‘barely surviving,’ says president of solar maker Longi Green Energy Technology, which reported a 44% plunge in third-quarter profits

Caixin Global

Number of People Living With HIV/AIDS in China Keeps Rising

The continued increase in the disease’s prevalence has far outpaced growth in the rates for reported cases and deaths from 2002 to 2021

Caixin Global

Shanghai Composite Index Rose 0.14% on Wednesday

Shenzhen Component Index closed down 0.38%

Caixin Global

China Stands Ready to Partner With Russia on Security Threats, Military Official Says

Central Military Commission Vice Chairman Zhang Youxia made the remark during the 10th Beijing Xiangshan Forum

Caixin Global

Former Qingdao Political Advisory Head Charged with Corruption

Ji Binchang, the 59-year-old former top political advisor of Qingdao city, is facing charges of corruption over a 23-year period in official roles

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