Chinese shares were flat in morning trade on Monday amid caution ahead of a long holiday for Chinese New Year, dealers said.

The benchmark Shanghai Composite Index edged up 0.04 percent, or 1.30 points, to 3,205.13.

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 0.41 percent, or 6.37 points, to 1,575.93.

China’s financial markets will be closed for a week from Wednesday.

Source : AFP