BEIJING, April 17 China shares closed down on
Thursday, pulled lower by weak real estate shares as investors
braced themselves ahead of housing data expected to show
property price growth slowed in March.
The Shanghai Composite Index ended down 0.3 percent
at 2,098.88 points. The CSI300 of the leading Shanghai
and Shenzhen A-share listings fell 0.4 percent.
Shares in China Fortune Land Co Ltd were down
3.6 percent, while Metro Land Corp Ltd lost 1.5
percent, and Beijing Capital Development Co Ltd shed
March housing data will be released on Friday.
Property losses were limited by gains in Shanghai Free Trade
Zone shares, which outperformed following state media reports
that foreign firms will be able to directly invest in the zone
(Reporting By Natalie Thomas; Editing by Jacqueline Wong)