Shanghai A-shares close flat; B-shares higher

SHANGHAI (AFX-ASIA) - A-share prices closed flat after rebounding from  their lows as B-shares regained ground from sharp intra-day lows to close  slightly higher, dealers said.B-shares had initially been traded lower amid an outflow of funds to the  Hong Kong stock market, and this had pulled A-share prices lower, they said,  adding that both A- and B-share prices were ripe for a correction after  charting a series of record highs over recent days.      However, strong institutional buying of B-share index heavyweights,  including Zhejiang Southeast Electric Power and Shanghai Chlor-Alkali lifted  B-shares sharply from their mid-session lows, helping to boost A-share  investor sentiment, they said.      The A-share index rose 0.02 points to 2,270.34 on turnover of 17.07 bln  yuan after trading between 2,273.17 and 2,245.81.      The B-share index closed 1.06 points or 0.57 pct higher at 186.94 after  trading between 187.55 and 180.53.      Analysts also said sentiment seemed little affected by signs that Sino-U. S. talks over the recent air collision did not go smoothly yesterday, or by  subsequent comments from the two sides indicating that the talks made  progress today.      The composite A- and B-share index closed 0.30 points 0.01 pct higher at  2,172.87 on turnover of 20.89 bln yuan after trading to a high of 2,175.57  and a low of 2,148.30.      The SSE-30 index dropped 3.45 points to 4,068.53.			

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