Dai Qian/Shanghai Daily news

Shanghai shares fell yesterday on the last trading day of 2005 as profit taking over the last two days continued. G shares were particularly hard hit.
The Shanghai Composite Index, which tracks both yuan-dominated A shares and hard-currency B shares, dipped 0.75 percent to 1,161.06. The A share index lost 0.77 percent to 1,220.93 while B share index shed 0.45 percent to 62.01.
China's markets will be closed on Monday and Tuesday for the New Year's holiday and will resume trading on Wednesday.
An analyst says policies unveiled by the government to regulate and boost China's stock markets will ensure a bullish opening next year.
"The market is getting healthier thanks to government efforts like introducing and encouraging the reform of stocks," said Chen Qun, an analyst at West China Securities Co.
G shares - companies that have restructured their share holdings - fell due to heavy selling after undergoing a period of gains since releasing plans to sell their state shares.
Shenergy Co Ltd closed as the biggest loser among big-cap G shares, dropping 1.77 percent to 5.54 yuan (69 US cents) followed by Guangzhou Development Industry (Holdings) Co Ltd which fell 1.44 percent to 4.12 yuan.
"Investors have gained enough profit from the G shares since China carried out its stocks reform," said Chen.
Some big caps had a mixed day including China United Telecommunications Corp, the nation's second largest mobile operator, which fell 1.41 percent to 2.8 yuan.