Briefly

STAR Market attracts overseas investors

The Shanghai Stock Exchange's sci-tech innovation board, also known as the STAR Market, has become increasingly appealing to foreign investors, data from the board show. So far, nearly 90 percent of the board's stocks under the STAR Market connectivity mechanism have been included in MSCI, FTSE Russell and S&P Dow Jones, and the number keeps rising. Foreign institutions are snapping up stocks on the STAR Market, as international investors' position on the board took up nearly 5 percent of the total by the end of 2021.

China to raise fuel retail prices

China will raise the retail prices of gasoline and diesel from Tuesday, the country's top economic regulator said on Monday. Based on recent changes in international oil prices, the retail prices of gasoline and diesel will rise by 285 yuan ($42) and 270 yuan per ton, respectively, according to the National Development and Reform Commission. The move marks the ninth fuel price increase since the end of last year.

Anhui sees Jan-April foreign trade up 11.8%

East China's Anhui province recorded robust foreign trade growth in the first four months, according to local Customs. The province's total import and export value hit 233.25 billion yuan ($34.36 billion) from January to April, up 11.8 percent year-on-year.

Xinhua