China stocks again volatile, US bond king calls Shenzhen 'short of a lifetime'

viernes 5 de junio de 2015 01:00 GYT

* CSI300 -0.6 pct; SSEC -0.1 pct; HSI -0.9 pct

* Shanghai index tops 5,000 level, then retreats

* Gross sees short opportunity, but 'not just yet'

* ChiNext market seeing shift to blue-chips - traders

By Samuel Shen and Pete Sweeney

SHANGHAI, June 5 (Reuters) - China stocks remained volatile on Friday, with the Shanghai benchmark shooting above a key psychological level at the opening but then shedding all gains by midday.

Shenzhen's ChiNext index, bellwether of the recent bull run, lost more over 1 percent, with investors becoming increasingly cautious about a growth market U.S. bond king Bill Gross called the "short of a lifetime".

The Shanghai Composite Index opened above 5,000 points - a key technical resistance level - but ended the morning 0.1 percent lower, at 4,941.01 points. The CSI300 index fell 0.6 percent to 5,148.95 points.

Hong Kong stocks also fell.   Continuación...