Shanghai Composite Index Rose 0.49% on Wednesday
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China’s benchmark Shanghai Composite Index (000001.SH) gained 0.49% on Wednesday, while the Shenzhen Component Index (399001.SZ) rose 0.11%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 1.17% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.11%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· China’s Property Price Slide Continues as Number of Unsold Homes Hits New High
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