HONG KONG (Reuters) -China's Tencent Music Entertainment Group shares started trading at HK$18 ($2.29) each in the company's Hong Kong listing debut on Wednesday.

BEIJING (Reuters) -China's commercial hub of Shanghai on Tuesday announced eight infrastructure projects with total investment of 1.8 trillion yuan ($257 billion), after the city was hit hard by COVID-19 lockdowns in April and May.

China's Tencent Music Entertainment Group shares are due to start trading at HK$18 ($2.29) each in the company's Hong Kong listing debut on Wednesday.

BERLIN (Reuters) -German producer prices rose in August at their strongest rate since records began both in annual and monthly terms, driven mainly by soaring energy prices, according to data released on Tuesday.

Halving settlement time for stock trades in Europe to one business day would be "challenging" and needs full analysis by regulators before any decision is taken, a markets industry body said on Wednesday.

China kept its benchmark lending rates unchanged at a monthly fixing on Tuesday, as expected, as authorities appeared to hold off immediate monetary easing following rapid declines in the local currency and as central banks elsewhere tightened policy.