B shares dip as punters stay home

SHENZHEN B index stocks again failed to draw investors, with just six company shares traded.

The Credit Lyonnais Shenzhen B index slipped 11.22 points, or 0.99 per cent, to 1,127.33 with four stocks down and two unchanged, according to Bloomberg.

''There is just not a lot of interest out there,'' said a broker.

China Bicycles and household appliance stock Tsann Kuen accounted for 88 per cent of trading.

''Funds have been actively buying Tsann Kuen this week,'' said the broker.

The Taiwan-backed stock edged down five HK cents, or 1.1 per cent, to $4.70.