China’s benchmark Shanghai Composite Index (000001.SH) gained 0.77% on Tuesday, while the Shenzhen Component Index (399001.SZ) increased by 0.24%.
Shanghai’s technology-intensive STAR 50 index (000688.SH) lost 0.85% for the day, while Shenzhen’s similar ChiNext index (399006.SZ) increased by 0.16%.
Below is an overview of the main business and financial stories in China, as well as other news of the day:
More cities are extending easing measures to support the housing market
Since mid-January, 15 provinces and cities have relaxed home purchase requirements, reducing payments and interest rates
Energy Insider: War in Ukraine threatens seafarer shortage
Conflicts could further disrupt global supply chains; commodity markets are racing; China increases aluminum production
Files from Ping An’s Fintech Unit for Hong Kong Stock Trading
OneConnect offers to list its New York-listed shares in the city without selling new shares or raising funds
Evergrande sells more projects to companies that promise to complete them
The debt-ridden developer will sell its stakes in four developments to its financiers, a trust company, as it seeks to retain enough cash to pay its bills.
Singapore to impose export controls on Russia on Ukraine, minister says
The city-state will impose restrictions on objects that can be used as weapons and block certain Russian banks and financial transactions linked to the country
In depth: Chinese game studios face a long march as titles languish unapproved
Companies are forging their way with new strategies, such as pivoting overseas and rolling out games that don’t face the same scrutiny
Chinese electric vehicle maker Nio to trade shares in Hong Kong
The company is also pursuing a secondary listing in Singapore as Chinese companies listed in the US face an environment of regulatory uncertainty.
Caixin Top Stories of the Month: The Beginning of the End of the Post-Cold War World Order
Russia’s military operation in Ukraine sent shockwaves around the world
China Merchants Bank to Join Greater Bay Area Proving Ground for Fintech
Lender subsidiary to test AI-based identity verification tool on mainland customers who open Hong Kong dollar accounts
War in Ukraine sends aluminum and nickel prices to London on Wild Ride
Metal prices rise then fall late last week as markets react
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This article was generated by Caixin Automation.
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