BEIJING, April 14 China shares were nearly flat
on Monday as investors locked in profits after last week's
announcement that Hong Kong and China investors will be able to
buy shares in companies listed on each other's bourses.
Financial stocks, among the biggest beneficiaries of that
announcement, pulled back with the CSI300 financial subindex
shedding 0.6 percent.
The Shanghai Composite Index ended up 0.1 percent at
2,131.53 points. The CSI300 index of the leading
Shanghai and Shenzhen A-share listings fell 0.1 percent.
Some auto stocks outperformed with Chongqing Changan Auto
jumping 10 percent, its daily trading limit, after
the company reported robust earnings for 2013 and predicted
strong net profit growth in the first quarter of this year.
Great Wall Motor Co Ltd gained 4.4 percent after
the firm published encouraging sales data for March earlier in
(Reporting By Natalie Thomas; Editing bh Chris Gallagher)