Good Morning. Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations.
The Wall Street Journal
Investors Pull Cash From China’s Money-Market Behemoth as Yields Tumble — Beijing’s coronavirus-fighting measures push the yield of Ant Financial’s flagship fund to a record low.Chinese Stock Index Enters Positive Territory for the Year — A key Chinese index turned positive for the year, making it one of the few international stock benchmarks to show a gain for 2020, underlining the relative resilience of mainland shares.Return of Coronavirus Slams Beijing’s Already Hard-Hit Restaurants — Few businesses in China’s capital have been as hard hit by the coronavirus as restaurants, many of which were forced to shut for months, lay off employees and eke out an existence selling takeout meals.Japan Woos Hong Kong Business as Abe Cools to Chi
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