The Latest Breaking News from Caixin Global

Shanghai Composite Index Rose 0.22% on Monday

Shenzhen Component Index closed up 0.5%

Caixin Global · Jul 10, 2023

Central Bank Slaps Hefty Fines on Three Major Financial Institutions

Ping An Bank, Postal Savings Bank and PICC Property and Casualty penalized for violations including customer protection, data collection and risk management

Caixin Global · Jul 7, 2023

Ex-Chinese Central Banker Probed for Suspected Graft

Zhang Jianjun, who served as president of the PBOC’s Shenzhen branch, is under investigation for suspected severe violations of law and Communist Party discipline

Caixin Global · Jul 7, 2023

Shanghai Composite Index Fell 0.54% on Thursday

Shenzhen Component Index closed down 0.55%

Caixin Global · Jul 6, 2023

More Shenzhen Office Space Goes Begging for Tenants

Vacancy rate in prime office buildings tops 24.5% and rents plunge amid a weak environment and a glut of space

Caixin Global · Jul 5, 2023

China’s Summer Travel Forecast to Surpass Pre-Covid Levels

The volume of trips made via train and air is expected to top 2019 numbers, according to official estimates, in a positive sign for China’s domestic consumption recovery

Caixin Global · Jul 5, 2023

Iran Becomes Full Member of Shanghai Cooperation Organization

The Middle Eastern country is the ninth member of the economic and security bloc

Caixin Global · Jul 5, 2023

Shanghai Composite Index Fell 0.69% on Wednesday

Shenzhen Component Index closed down 0.91%

Caixin Global · Jul 5, 2023

China’s WeRide Cleared for Nationwide Road Test in UAE

Autonomous vehicle startup wins first nationwide clearance to test self-driving autos in the Middle Eastern nation

Caixin Global · Jul 4, 2023

U.S. Treasury Secretary to Visit Beijing

Janet Yellen will arrive for a four-day trip on Thursday, less than three weeks after Washington’s top diplomat Antony Blinken visited in June

Caixin Global · Jul 3, 2023