Shanghai Composite Index Rose 8.06% on Monday

China’s benchmark Shanghai Composite Index (000001.SH) gained 8.06% on Monday, while the Shenzhen Component Index (399001.SZ) rose 10.67%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 17.88% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 15.36%.

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

· Cover Story: China’s Stimulus Bomb Sparks Optimism, But Economy May Still Struggle

The benchmark CSI 300 Index posted its biggest weekly gain in nearly 16 years and the yuan hit a 16-month high after the Politburo and central bank issued a barrage of measures to boost lending and bolster lagging economic growth

· Weekend Long Read: Salvaging History From a Sunken Prisoner of War Ship

Scientist-turned-filmmaker Fang Li’s desire to make the documentary ‘The Sinking of the Lisbon Maru’ stems from a personal commitment to preserving the historical record

· Asia New Vision Forum: Local Financial Autonomy Should Be Backed by Clearly Defined Responsibilities, Former Finance Minister Says

Lou also called for a significant increase in the deficit to address the financial shortfall local governments face

· TCL Acquires LG Display’s LCD Plants in Guangzhou as Industry Consolidates

The move bolsters dominance in liquid crystal displays by Chinese companies

· Briefing: Alibaba’s Taobao Starts Accepting Rival Tencent’s WeChat Pay

China’s central bank has cut its main policy rate and financial institutions’ reserve requirement ratio, Shenzhen’s highest-grade office space is nearly 30% empty

· Shanghai Exchange Suffers Trading Malfunction Amid Surge in Buying

Benchmark Shanghai Composite Index froze for around an hour Friday morning; the cause is still under investigation, bourse says

· Asia New Vision Forum: U.S. and China Must Find Way to Resolve Trade Disputes, Former U.S. Diplomat Says

Remaining ‘pillars of stability’ in the relationship are weak enough that tensions pose real challenges, said Rick Waters, former U.S. deputy assistant secretary of state

· Asia New Vision Forum: U.S. and China Must Find Way to Resolve Trade Disputes, Former U.S. Diplomat Says

Remaining ‘pillars of stability’ in the relationship are weak enough that tensions pose real challenges, said Rick Waters, former U.S. deputy assistant secretary of state

· Asia New Vision Forum: Southeast Asia EV Industry Set to Gain From Chinese Supply Chain Shift

The region has attracted a wave of Chinese EV-makers as countries like Thailand and Indonesia encourage local production through subsidies

· Asia New Vision Forum: Global Economists Blast Trade Protectionism

A backlash against globalization may threaten fledgling manufacturing sectors in Southeast Asia, says Hoe Ee Khor, one of numerous speakers at the conference in Singapore

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