Shanghai Composite down 0.61% at 3,128 points (Il Sole 24 Ore Radiocor) - Shanghai , 08 May - Chinese shares closed lower after yesterday's flat session amid mixed Asian markets as a recent rebound ran out of steam.

Mainland stocks rallied last week to a seven-month high as investors digested service sector data that renewed optimism over the country's economic recovery.

Traders now awaited the release of key China trade data tomorrow, expected to show more signs of recovery in the country's economy.

Today in mainland stock market dealings property shares led the way south.

Healthcare, financials and consumer stocks also were among the biggest decliners.

The Shanghai Composite index closed down 0.61% at 3,128 points, while the Shenzhen CSI 300 closed down 0.79% at 3,630 points.

The Shanghai Composite was up 2.6% in April, while the CSI300 rose 2.5% for the month, both outperforming their regional peers as optimism over corporate earnings and a series of policy support measures to boost investor confidence recently helped lift sentiment.

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(RADIOCOR) 08-05-24 11:06:28 (0296) 5 NNNN