THE Shenzhen B share market yesterday barely moved in an absence of fresh incentives, while A share prices retreated after a short-lived rally last week. The Credit Lyonnais Shenzhen B index edged down 0.74 point, or 0.06 per cent, to 1,216.82, as most counters did not trade. Total turnover amounted to $5.82 million. The Shenzhen A share gauge was off 39.54 points, or 2.5 per cent, to 1,544.21. Shenzhen SEZ Real Estate accounted for the bulk of the day's turnover in the B share market, with $5.53 million worth of shares changing hands. Joyce Leung, a broker at Sun Hung Kai Securities, said the stock price looked attractive following a fall. She said the market was largely in the doldrums as investors awaited the spate of annual results due next month. The ''Four Nos'' policy announced by Securities Regulatory Commission director Liu Hongru also failed to lift the market. Mr Liu earlier said China would delay the issue of A shares until the second half of the year and scrap a capital gain tax on stock transactions. He also ruled out allowing the transfer of state-owned shares or legal-person shares and promised to tighten rules on bonds and rights issue.