Caixin
Aug 30, 2024 03:03 PM
FINANCE

Shanghai Composite Index Rose 0.68% on Friday

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China’s benchmark Shanghai Composite Index (000001.SH) gained 0.68% on Friday, while the Shenzhen Component Index (399001.SZ) rose 2.38%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 2.14% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 2.53%.

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

· Cash-Strapped R&F Vows to Sell Assets as Cash Shortfall Widens

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