Shanghai Composite Index Rose 1.2% on Monday

China’s benchmark Shanghai Composite Index (000001.SH) gained 1.2% on Monday, while the Shenzhen Component Index (399001.SZ) rose 0.55%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.54% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.56%.

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

· China’s New Premier Li Qiang Vows Support for Private Enterprises