Shanghai Composite Index Fell 0.87% on Monday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.87% on Monday, while the Shenzhen Component Index (399001.SZ) fell 0.63%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.68% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.75%.

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

· China’s Second-Quarter GDP Grows 6.3% on Low Base, Below Expectations