Chinese stock markets closed mixed Monday with the benchmark Shanghai Composite Index edging up 0.12 percent, or 2.81 points, to close at 2,383.03.
The Shenzhen Component Index closed 1.55 points lower at 9,884.7.
Combined turnover remained weak reaching 96.3 billion yuan (15.2 billion U.S. dollars), down from 98.01 billion yuan the previous trading day.
Property shares are depressed as developers face building-up pressure of home prices further trending downward amid falling sales.
China Vanke, the country's largest property developer by market value, fell 0.42 percent to 7.07 yuan per share; Jiangxi Zhongjiang Real Estate Co., Ltd. fell 2.37 percent to 7.4 yuan.
On Monday, bus manufacturers gained after Premier Wen Jiabao said Sunday that the government will work to create safety regulations and standards for the country's school buses and will bear the cost of bringing the buses up to standard in the wake of a deadly school bus crash.
Zhengzhou Yutong Bus Co., Ltd. jumped 5.32 percent to 23.36 yuan; Yangzhou Yaxin Motor Coach Co., Ltd. rose 3.38 percent to 9.49 yuan.
