Jul 21, 2023 03:03 PM

Shanghai Composite Index Fell 0.06% on Friday

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China’s benchmark Shanghai Composite Index (000001.SH) lost 0.06% on Friday, while the Shenzhen Component Index (399001.SZ) fell 0.06%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.58% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.35%.

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

· Weekly Must-Read: U.S. Sanctions Have Been Bad for Huawei, but Worse for Its Chip Design Unit

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