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Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
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Shanghai shares close flat
Print Edition
SHANGHAI stocks closed flat yesterday although select counters managed to end up.
The Shanghai Composite Index edged up 0.03 percent to end at 3,385.39 points.
Information technology shares such as Thunder Software Technology Co Ltd, All Winner Technology Co Ltd and GuoChuang Software Co Ltd rose by the daily 10 percent cap.
Construction companies also gained. Metallurgical Corporation of China Ltd and Shenzhen Mingdiao Decoration Co Ltd both hit the maximum daily cap of 10 percent.
Banks and non-financial counters, however, fell. China CITIC Bank Corporation Ltd shed 0.91 percent, China Merchants Bank Co Ltd lost 1.72 percent to 6.55 yuan while China Pacific Insurance Group Co Ltd fell 2.04 percent to 38.84 yuan and China Life Insurance Co Ltd dropped 2.02 percent to close at 28.68 yuan.
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