PRICES of Shenzhen B stocks fell across the board yesterday, apart from the 11 counters that failed to trade.
The Credit Lyonnais Shenzhen B index lost a further 7.19 points, 0.55 per cent, to 1,308.68 on a thin turnover of HK$5 million.
An analyst at J & A Securities of Shenzhen said yesterday that the B share market was hounded by the Government's macro-economic measures, including the new tax rules.
Bottler Shenbao was the biggest loser. It shed 5.1 per cent to $2.80. Food and beverage producer Zhongchu lost a further 4.8 per cent to $5, after shedding 5.4 per cent on Tuesday.
Port operator Chiwan Wharf dropped 3.3 per cent to $4.45, after plunging 6.1 per cent on Tuesday. Shenzhen SEZ Real Estate was again the most active stock of the day. It edged down 1.3 per cent to $3.90 on a $2.4 million turnover.
Shenzhen A shares rose, however, with the Credit Lyonnais Shenzhen A index up 46.18 points, three per cent, to finish at 1,587.45.