Caixin
Aug 29, 2024 03:03 PM
FINANCE

Shanghai Composite Index Fell 0.5% on Thursday

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China’s benchmark Shanghai Composite Index (000001.SH) lost 0.5% on Thursday, while the Shenzhen Component Index (399001.SZ) rose 0.94%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 1.25% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.65%.

Below is a rundown of the top China business and finance stories, plus other news for the day:

· Chinese Localities Adopt ‘Sell Everything to Save the Day’ Policy to Ease Debt

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