Shanghai Composite Index Fell 0.54% on Monday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.54% on Monday, while the Shenzhen Component Index (399001.SZ) fell 0.57%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.94% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.4%.

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

· Cover Story: Fraudulent Fundraising to Aid Sick Children Tarnishes China’s Charity Sector