Shanghai Composite closed 0.18 percent higher at 2729, pulled back into gaining territory by the banking sector which outperformed in the afternoon session. Shares of 5G companies, liquor makers, and gas companies led the losses.
Shenzhen Component Index and Chinext index lost 0.2 percent and 0.37 percent respectively.
Turnover on the Shanghai Stock Exchange and Shenzhen Stock Exchange dipped to a four-year low.
The average daily turnover over the past five days on the Shanghai and Shenzhen stock exchanges was 259.1 billion yuan on Thursday, a low level not seen since Sept. 1, 2014, when it was 256.3 billion yuan.