China shares end choppy session lower, intra-day reversal bodes ill
HONG KONG, Jan 24 (Reuters) - China shares finished a choppy session lower on Thursday as investors took profit on outperformers such as China Merchants Bank, triggering a sharp intra-day reversal on the benchmark indexes that could point to further losses.
The CSI300 of the top Shanghai and Shenzhen listings closed down 1 percent at 2,582.8. The Shanghai Composite Index shed 0.8 percent as bourse volume hit the highest in more than a week.
Both indexes were up by as much 2 percent in early trade, but weakness in resources-related stocks helped trigger a reversal.
(Reporting by Clement Tan; Editing by Ron Popeski)
HONG KONG, Jan 24- China shares finished a choppy session lower on Thursday as investors took profit on outperformers such as China Merchants Bank, triggering a sharp intra-day reversal on the benchmark indexes that could point to further losses. The CSI300 of the top Shanghai and Shenzhen listings closed down 1 percent at 2,582.8.