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Shanghai and Shenzhen Shares Closed Mixed
China's shares closed mixed on Friday as hopes of government support for the market faded a day after they had sparked a rally, brokers said.

Punters focused partly on oil stocks, with yuan-denominated A shares in oil giant Sinopec Corp ending down 1.12 percent at 3.53 yuan (US$0.43) on heavy volume of 48.8 million shares, making it the day's second-most active counter.

Shanghai's hard-currency B-share index fell 0.77 percent to 121.655 points while Shenzhen's slipped 0.11 percent to 200.07. B shares are open to Chinese and foreigners.

The Shanghai Composite Index shed 7.41 to 1,491.94. Shenzhen's shares ended up 2.27 to 3,048.61.

(China Daily March 29, 2003)

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