Feb 7 Shanghai shares posted their first loss in
nine days on Thursday, as investors booked profits on Chinese
financials after the central bank signalled it would shift its
focus back to tackling inflation from supporting growth.
The Shanghai Composite Index ended down 0.7 percent
at 2,418.5. The CSI300 of the top Shanghai and
Shenzhen A-share listings shed 0.6 percent from Wednesday's
17-month closing high.
China needs to pay special attention to consumer prices, the
central bank said on Wednesday in its fourth-quarter monetary
policy report, a turnaround from its previous focus of
supporting economic growth.
(Reporting by Clement Tan in SINGAPORE; Editing by Jacqueline