Shanghai Composite Index Fell 1.65% on Tuesday
China’s benchmark Shanghai Composite Index (000001.SH) lost 1.65% on Tuesday, while the Shenzhen Component Index (399001.SZ) fell 2.97%.
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Guangzhou Baiyunshan Chairman Steps Down Amid Investigation
Li Chuyuan, who has resigned from all his duties, was taken away by provincial authorities for questioning
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China Commerce Ministry Official Set to Become Vice Finance Minister, Sources Say
Guo Tingting is expected to fill the position to be left by Zhu Zhongming, who was named deputy chief of Shanghai’s Communist Party committee last week
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Ex-VP of China’s Biggest Policy Bank Admits Taking $3.2 Million in Bribes
Wang Yongsheng, arrested six months ago, pleaded guilty to offering favors in exchange for illegal gains
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Nio Opens Charging Network to EVs in Huawei Alliance
The Chinese EV-maker has made its charging stations available to cars built under the tech giant’s smart car alliance, which involves multiple brands
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Ex-Foreign Minister Resigns From Communist Party’s Central Committee
Qin Gang’s departure from the top decision-making body comes about a year after he was removed from his position
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Weekly Must-Read: Tesla’s Chinese Rival Hits Accelerator on Smart Driving
BYD chief appears to shift stance on the technology as China’s government throws its weight behind autonomous cars
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Former Regional Official Pleads Guilty to Taking $31 Million in Bribes
Prosecutors accused Jiang Jie of taking advantage of his positions from 2000 to 2023 to help others obtain project contracts and job promotions
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Shanghai Composite Index Rose 0.48% on Thursday
Shenzhen Component Index closed up 0.5%
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China’s Youth Jobless Rate Falls for a Third Month to 13.2%
Jobless figures encouraging but concern at 11.8 million graduates entering the job market this year
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