Shenzhen A-shares close flat; B-shares slightly higher

SHENZHEN (AFX-ASIA) - A-share prices closed flat after rebounding off their intra-day lows, though sentiment remains cautious given the uncertain outlook for B-share prices, dealers said.	    B-share prices closed slightly higher after rebounding from sharp losses, they said, adding that profit-taking was heavy following several weeks of sustained big gains.	    B-share sentiment was dampened by news that foreign strategic investors have trimmed their stakes in Shenzhen-listed B-share firms China International Marine Containers and Guangdong Provincial Expressway.	    The news highlighted concerns that many foreign strategic investors have taken the B-shares' recent sharp gains as an opportunity to withdraw from the market, they said, adding that investors appear increasingly uncertain about the B-shares' upside potential after the recent rally.	    The A-share sub-index rose 3.41 points or 0.06 pct to 5,481.39 on turnover of 9.49 bln yuan after trading between 5,491.54 and 5,447.63.	    The B-share sub-index closed 11.02 points or 0.56 pct higher at 1,978.72 after trading between 2,010.00 and 1,848.96.	    The component A- and B-share index closed 4.25 points or 0.08 pct higher at 4,943.51 on turnover of 13.21 bln yuan after trading to a high of 4,973.61 and a low of 4,922.99.	    FAW Car gained 0.16 yuan to 7.47 on 14.8 mln shares, while Tianjin Automotive Xiali gained 0.12 yuan to 7.69 on 5.2 mln shares.	    Monkey King rose 0.18 yuan to 5.64 on 10 mln shares.	    China Vanke rose 0.07 yuan to 15.13 on 4.2 mln shares.	    Beijing Orient Electronics gained 0.95 yuan to 19.14 on 4.6 mln shares.	    Angang New Steel shed 0.03 yuan to 4.73 on 5.2 mln shares, while Beijing Shougang rose 0.12 yuan to 11.38 on 3.5 mln shares.	    Shenzhen Development Bank dropped 0.1 yuan to 16.22 on 8.5 mln shares.	    Among B shares, China Bicycle gained 0.01 hkd to 3.03 on 29.9 mln shares.	    Bengang Steel Plates rose 0.25 hkd to 4.99 on 28.2 mln shares.	    Wuhan Boiler fell 0.06 hkd to 6.69 on 23.5 mln shares, while Shenzhen Jianshe Motorcycle dropped 0.12 hkd to 7.06 on 26.8 mln shares. 

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