The Shanghai Composite Index rose 1.15% on Thursday

The Chinese benchmark Shanghai Composite Index (000001.SH) gained 1.15% on Thursday, while the Shenzhen Component Index (399001.SZ) increased by 1.27%.

The Shanghai STAR 50 index with a strong technological component (000688.SH) gained 1.18% for the day, while Shenzhen’s similar ChiNext index (399006.SZ) increased by 0.99%.

Below is an overview of the top business and financial stories in China, along with other news of the day:

China steps closer to ending mRNA vaccines as Covid Booster Shots

Walvax and Suzhou Abogen Obtain Approval to Test New Technology as a Booster to Inactivated Virus Vaccines Widely Used in China

China’s October mortgages surge as restrictions ease

Following signals from authorities, banks roll back excessive implementation of loan restrictions that contributed to housing market collapse

Zhongjing Xinhua to sell Huishang Bank stake for $ 2.5 billion

Shenzhen Amer International Agrees to Acquire Long-Time Major Bank Shareholder with Exposure to Baoshang

Yuan hits five-year high as exports rise

The Chinese currency is expected to remain in near-record territory amid robust growth and a wide yield spread over US Treasuries

Extreme weather conditions pose growing health risks in China, new study finds

Recent increases in frequency and intensity of flooding threaten to reverse progress made over the past two decades in reducing damage from such disasters, researchers say

Shenzhen court issues landmark personal bankruptcy ruling

The approval of the first individual insolvency case follows the first reorganization decision in July and brings the national system closer together

Stainless steel giant’s lithium deal shows how everyone is jumping into new energy

Tsingshan joins the crowd of companies expanding into the production of a key raw material used in electric vehicle batteries

Everything you need to know about China’s decarbonization campaign

The country’s climate campaign is expected to bring trillions of dollars in investment opportunities and aims to advance emissions reduction technologies and low-carbon industries

Chinese social media app Xiaohongshu wins $ 18 billion valuation

New fundraiser comes as rumors circulate of potential Hong Kong IPO after US listing plans are dropped

Chinese courts blacklist people who prosecute under false pretenses

Supreme Court says lawsuits with false claims are most often filed in private loan, property, labor and divorce cases

Click on here for more on the latest news.

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