SHENZHEN B shares were mixed on relatively lively trade, helped by expectations that new listings will give a boost to the market.
The Credit Lyonnais Shenzhen B-share index fell 0.08 per cent to 684.43 points on trade worth HK$6.14 million compared with a poor daily average of about $2 million turnover in recent weeks.
Pharmaceutical company Zhuhai Lizhu Pharmaceutical, which reported healthy results last year, was the most active stock.
It was unchanged at $3.41 on trade worth $780,000, while watchmaker Fiyta fell 3.1 per cent to $3.10 on light trade, losing gains made on Thursday.
'Most brokerage houses don't even cover Shenzhen any more so there are a lot of bargains as long as you find a good company,' said Tina So, fund manager at Schroders Investment Management.
The CLSA A share index fell 0.7 per cent to 952.65 points.
