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Shanghai Composite Index fell 0.92% on Friday




China benchmark Shanghai Composite Index (000001.SH) lost 0.92% on Friday, while the Shenzhen Component Index (399001.SZ) fell 1.26%.

Shanghais high-tech STAR 50 index (000688.SH) lost 1.58% for the day, while similar Shenzhens ChiNext Index (399006.SZ) fell 1.54%.

Below is an overview of the main articles on business and finance in China, along with other news from the day:

Plant-based food company goes beyond meat to open China-based factory

CX Daily: Chinese film industry suffers brain drain as game developers poach talent

The Chinese Ministry of Finance will actively and regularly promote property tax legislation. Shenzhen intends to attract top foreign talent

Opinion: openness is always the key to finance. The same goes for stability

Dual circulation cannot mean looking inward because China must stand at the center of the world stage

Singapore Heng Swee Keat steps down as next prime minister

Citing his age, the 60-year-old Deputy Prime Minister calls on the ruling party to find a younger person to succeed Lee Hsien Loong, 69

US Adds 7 Chinese Computing Firms To Export Ban List

Citing involvement in Chinese military efforts, Commerce Department bans US companies from doing business with them

Chinese electric vehicle maker Xpeng sets up third plant to meet demand

New factory in Wuhan could build 100,000 cars a year, tripling the company’s production capacity in China

Three missing after eruption at China’s largest offshore oil field

Fire raging since Monday halts operations in Bohai Sea where a massive oil spill ten years ago forced a 17-month shutdown

Chinese real estate developers target slower sales growth for 2021

Amid tighter borrowing limits under the three red lines policy, real estate giants say they plan to expand at less than half of the pace set three years ago

Opinion: How can China reduce its emissions from 10 billion tonnes to zero?

President Xi Jinpings’ unexpected commitment to a net zero carbon 2060 will require the country to almost completely restructure its economy. The implications will be huge

Opinion: How can China reduce its emissions from 10 billion tonnes to zero?

President Xi Jinpings’ unexpected commitment to a net zero carbon 2060 will require the country to almost completely restructure its economy. The implications will be huge

Click on here for more on the latest news.

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