Investing.com – China stocks were higher after the close on Wednesday, as gains in the Technology Hardware & Equipment, Retailers and Technology sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.30% to hit a new 52-week high, while the SZSE Component index gained 0.86%.
The best performers of the session on the Shanghai Composite were Zhejiang Feida Environmental Science & Technology Co Ltd (SS:600526), which rose 10.04% or 1.130 points to trade at 12.390 at the close. Meanwhile, Hangzhou XZB Tech Co Ltd (SS:603040) added 10.00% or 7.80 points to end at 85.77 and Orient International Enterprise Ltd (SS:600278) was up 9.97% or 1.380 points to 15.220 in late trade.
The worst performers of the session were CTS International Logistics Corp Ltd (SS:603128), which fell 5.63% or 0.700 points to trade at 11.730 at the close. Hubei Wuchangyu Co Ltd (SS:600275) declined 4.80% or 0.350 points to end at 6.940 and Y.U.D. Yangtze River Investment Industry Co Ltd (SS:600119) was down 2.91% or 0.530 points to 17.660.
The top performers on the SZSE Component were Wuxi Little Swan Co Ltd (SZ:000418) which rose 10.00% to 53.89, BOE Technology Group Co Ltd (SZ:000725) which was up 9.58% to settle at 5.720 and Jiangsu Aucksun Co Ltd (SZ:002245) which gained 7.36% to close at 9.63.
The worst performers were Jiangxi Ganfeng Lithium Co Ltd (SZ:002460) which was down 4.54% to 87.90 in late trade, Guangzhou Tinci Materials Technology Co Ltd (SZ:002709) which lost 3.45% to settle at 47.36 and Glodon Software Co Ltd (SZ:002410) which was down 3.41% to 20.10 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 957 to 285 and 95 ended unchanged.
Shares in Wuxi Little Swan Co Ltd (SZ:000418) rose to all time highs; gaining 10.00% or 4.90 to 53.89. Shares in BOE Technology Group Co Ltd (SZ:000725) rose to 52-week highs; gaining 9.58% or 0.500 to 5.720.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.32% to 18.67.
Gold Futures for December delivery was down 0.31% or 3.95 to $1274.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.25% or 0.13 to hit $52.34 a barrel, while the December Brent oil contract rose 0.14% or 0.08 to trade at $58.41 a barrel.
USD/CNY was up 0.10% to 6.6424, while EUR/CNY rose 0.07% to 7.8096.
The US Dollar Index Futures was up 0.03% at 93.86.