Chinese issues end mixed in dull trade

CHINESE shares finished mixed yesterday ending a relatively quiet week on both exchanges.

A Credit Lyonnais official said yesterday that both A and B shares in Shanghai ended moderately lower.

He said A shares in Shenzhen edged up to close slightly higher and B shares ended marginally lower.

Entering yesterday's trade the markets had been sluggish, a general characteristic since Tuesday's surge, especially on the Shanghai A exchange.

On Tuesday, the Shanghai A index rocketed 8.12 per cent, mainly on the announcement of company results by eight firms.

It was helped by the closure of the over-the-counter market in Tianjin, which resulted in a heavy inflow of cash used to buy Shanghai issues.