The mainland's B shares are expected to continue to struggle next year after a disappointing year.
B shares have fallen 49 per cent this year, with average daily turnover on the Shanghai and Shenzhen markets shrinking to about US$3 million to $4 million, compared with about $10 million a year ago.
Only three companies were listed during the year, raising $118 million, compared with $552 million raised last year by seven firms.
Yesterday, the Shanghai B-share market declined 0.58 per cent, with its index closing at 28.385 points. However, Shenzhen's B-Share Index gained 0.3 per cent to 52.83 points.
Foreign investors had been largely absent from the market since the lead-up to Christmas, brokers said.
Yesterday's release of the mainland's full-year growth estimate boosted sentiment because it revealed a strong fourth quarter which could continue next year.
Analysts said the uncertainty surrounding future development of the B-share market, crackdowns on illegal foreign exchange trading and illegal domestic purchases of B shares to dry up investor interest during the year.