Leo Zhang/Shanghai Daily news

Shanghai stocks fell yesterday as investors pocketed profits on power and coal companies.
The Shanghai Composite Index, which covers yuan-denominated A shares and foreign-currency B shares, lost 1.91 percent to 1,173.32 after a four-day 4.5 percent run.
The A-share Index dropped 1.91 percent to 1,232.94 and the B-share Index tumbled 1.99 percent to 67.01.
"The market wants to take a breath before it tests the 1,200-point level later this month," said Lu Chengde, a Guosen Securities trader. "Most investors are bullish on long-term prospects."
Stocks opened higher but fell quickly as investors trimmed positions on companies including Huaneng Power International Inc and Yanzhou Coal Mining Co amid profit-taking.
Huaneng Power, the publicly traded arm of China's biggest power group, slid 2.99 percent to 6.50 yuan (80 US cents). The shares jumped 5.2 percent in the previous four sessions.
Yanzhou Coal Mining Co, the nation's biggest listed coal miner, lost 2.08 percent to 6.58 yuan. The stock gained 7.5 percent in the past five trading days.
Huaxia Bank Co, China's fourth-biggest listed lender, retreated 2.34 percent to 4.17 yuan. The company said yesterday it won approval from the cetral bank to underwrite short-term bills issued by domestic enterprises on the nation's interbank market.