SHANGHAI, March 31 China shares closed down 0.4
percent on Monday, reversing gains in the morning session as
investors continued to sell off shares in companies linked to
the Shanghai free trade zone after strong gains the previous
The Shanghai Composite Index ended down 0.4 percent
at 2,033.31 points. The CSI300 of the leading Shanghai
and Shenzhen A-share listings was down 0.3 percent.
The indexes were down 3.9 percent and 7.9 percent for the
January-March quarter, respectively.
Shares in Shanghai Lujiazui Finance and Trade Zone
development Co Ltd closed down 4.9 percent, while
shares in Shanghai International Port Group Co Ltd
lost 3.9 percent.
Energy shares fared better, jumping after news reports that
the Shanghai Futures Exchange and China Electricity Council plan
to launch power futures. SDIC Power Holding Co
gained 5 percent and Guangzhou Hongli OPTO-Electronic Co
jumped 5.8 percent.
(Reporting By Natalie Thomas; Editing by Jacqueline Wong)