Briefly

STAR ESG index to debut on March 21

A new index will debut on March 21 to help shareholders better assess how listed companies on the Science and Technology Innovation Board or STAR Market are managing issues related to environmental, social and governance (ESG) criteria. The new index, the Shanghai Stock Exchange STAR ESG index, will select the top 50 listed companies in terms of ESG performance to mirror overall ESG performance of the STAR Market.

PBOC adds liquidity via reverse repos

China's central bank conducted 117 billion yuan ($16.47 billion) in seven-day reverse repos at an interest rate of 1.8 percent on Thursday. The move aims to keep liquidity stable at the end of the month, the People's Bank of China said in a statement.

Xinhua - China Daily