May 08, 2023 03:03 PM

FINANCE

Shanghai Composite Index Rose 1.81% on Monday

By Caixin Automation

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China’s benchmark Shanghai Composite Index (000001.SH) gained 1.81% on Monday, while the Shenzhen Component Index (399001.SZ) rose 0.4%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.77% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.25%.

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

· Xi to Host Summit to Bolster Central Asian Ties

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