The Latest Breaking News from Caixin Global

Shanghai Composite Index Fell 0.91% on Friday

Shenzhen Component Index closed down 1.19%

Caixin Global · Jan 21, 2022

Guangdong Power Rationing Totaled 66 Days in 2021

Amid worst electricity shortage in a decade, the maximum load for the province’s power grid surged to record highs seven times

Caixin Global · Jan 20, 2022

Fitch Cuts Ratings on Sunac China for Decreasing Financial Flexibility

Real estate developer has billions of dollars of debt coming due this year with diminishing sources of cash to make payments, ratings company says

Caixin Global · Jan 20, 2022

Beijing Labs Barred From Price Gouging on Rush Covid-19 Tests

Local government promises to punish offenders with fines up to five times the cost of the extra fee, as the capital deals with a fresh outbreak ahead of the Olympics

Caixin Global · Jan 19, 2022

Shanghai Composite Index Fell 0.33% on Wednesday

Shenzhen Component Index closed down 1.28%

Caixin Global · Jan 19, 2022

Evergrande Transfers Projects to Partners for Debt Relief

Deals aim to reduce property giant’s liabilities while ensuring completion of more than 1 million residences for buyers

Caixin Global · Jan 18, 2022

Shanghai Composite Index Rose 0.8% on Tuesday

Shenzhen Component Index closed up 0.19%

Caixin Global · Jan 18, 2022

Death of Top Moutai Sales Executive Under Investigation

Zeng Xiangbin, general manager of scandal-plagued liquor giant’s sales unit, may have committed suicide while involved in a probe, source say

Caixin Global · Jan 17, 2022

Editorial: How to Break Through in Market-Based Reform of Production Factors

The keys are the government-market relationship, the market’s decisive function in resource allocation and the role of the government

Caixin Global · Jan 17, 2022

Shanghai Composite Index Rose 0.58% on Monday

Shenzhen Component Index closed up 1.51%

Caixin Global · Jan 17, 2022