Chinese shares ended mixed Thursday as investors shifted from real estate blue chips to smaller companies amid concern about government moves to cool housing prices.
The benchmark Shanghai Composite Index lost 33.79 points, or 1.1 percent, to close at 2,999.48. The Shenzhen Composite Index for China's smaller second exchange edged up 0.2 percent to 1,213.41.
The Shanghai benchmark had a short-lived recovery Wednesday but fell back amid uncertainty about the impact of curbs were announced last week to cool speculative real estate trading blamed for soaring prices.
"Most investors were uncertain how big the impact these policies will be, while …
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