Stock markets in the Chinese mainland began the week mixed with tepid trading. 

The Shanghai Composite Index nudged down by 0.22 percent or 4.59 points to 2,054.48 points on Monday.

The Shenzhen Component Index inched up by 0.21 percent or 15.06 points to 7,274.51 points.

 The combined turnover on the two bourses on Monday was 171.27 billion yuan ($27.58 billion), down from Friday's 179.26 billion yuan. 

Investors are concerned about a possible diversion in existing funds when the second batch of IPOs begins later this month.

Gains in the food, aerospace and auto sectors and declines in the oil, nonferrous and brokerage sectors ensured the markets remain little changed. 

Aerospace Hi-Tech Holding Group Co jumped by 8.33 percent to 26.27 yuan and Inner Mongolia Yili Industrial Group Co rose by 4.57 percent to 23.35 yuan on Tuesday.

Shares linked to reform of State-owned enterprises outperformed the market. China National Complete Plant Import & Export Corp and Ruitai Materials Technology Co jumped by the daily limit of 10 percent to 11.58 yuan and 10.04 yuan, respectively, on Monday, continuing its upward streak for a week.

China Petroleum & Chemical Corp shed 1.61 percent to 4.89 yuan on Monday and Sinolink Securities Co fell by 1.70 percent to 19.62 yuan.

ChiNext, China's NASDAQ-style board for high-tech and start-ups listed in Shenzhen, recovered on Monday after declining for four consecutive days. The index ticked up by 0.08 percent or 1.04 points to 1,306.96 points at close.

Leshi Internet Information & Technology Corp, the biggest company in ChiNext, soared by 7.84 percent to 35.21 yuan on Monday.

Global Times