Investing.com – China stocks were higher after the close on Wednesday, as gains in the Technology Hardware & Equipment, Media and Technology sectors led shares higher.
At the close in Shanghai, the Shanghai Composite rose 0.70%, while the SZSE Component index climbed 1.39%.
The best performers of the session on the Shanghai Composite were Ningbo Marine (SS:600798), which rose 10.05% or 0.990 points to trade at 10.840 at the close. Meanwhile, Cinda Realesta (SS:600657) added 10.05% or 0.920 points to end at 10.070 and Sh Wanye (SS:600641) was up 10.05% or 0.830 points to 9.090 in late trade.
The worst performers of the session were Shenda (SS:600626), which fell 9.17% or 2.450 points to trade at 24.260 at the close. Kingdom SS (SS:600446) declined 5.25% or 13.360 points to end at 241.000 and Harbin Hi-Tech (SS:600095) was down 5.16% or 0.710 points to 13.050.
The top performers on the SZSE Component were Hangzhou Hikvision Digital Technology Co Ltd (SZ:002415) which rose 3.85% to 41.00, Midea Group Co Ltd (SZ:000333) which was up 2.90% to settle at 35.84 and BYD Co Ltd (SZ:002594) which gained 2.52% to close at 66.19.
The worst performers were Beijing Originwater Technology (SZ:300070) which was down 2.28% to 57.80 in late trade, Shenwan Hongyuan Group Co Ltd (SZ:000166) which lost 2.02% to settle at 17.95 and Changjiang Securities Co Ltd (SZ:000783) which was down 1.96% to 17.48 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 616 to 345.
Shares in Ningbo Marine (SS:600798) rose to all time highs; rising 10.05% or 0.990 to 10.840. Shares in Cinda Realesta (SS:600657) rose to 3-years highs; rising 10.05% or 0.920 to 10.070. Shares in Sh Wanye (SS:600641) rose to 3-years highs; gaining 10.05% or 0.830 to 9.090. Shares in Hangzhou Hikvision Digital Technology Co Ltd (SZ:002415) rose to all time highs; gaining 3.85% or 1.52 to 41.00. Shares in BYD Co Ltd (SZ:002594) rose to all time highs; gaining 2.52% or 1.63 to 66.19.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 4.48% to 28.94.
Gold for June delivery was down 0.02% or 0.30 to $1206.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.99% or 0.57 to hit $58.56 a barrel, while the July Brent oil contract rose 0.92% or 0.59 to trade at $64.61 a barrel.
USD/CNY was down 0.04% to 6.2044, while EUR/CNY fell 0.61% to 6.8772.
The US Dollar Index was up 0.41% at 95.77.