Investing.com – China stocks were lower after the close on Wednesday, as losses in the Real Estate Investments & Services, Media and Technology Hardware & Equipment sectors led shares lower.
At the close in Shanghai, the Shanghai Composite declined 0.35%, while the SZSE Component index declined 0.97%.
The best performers of the session on the Shanghai Composite were Huafang Co Ltd (SS:600448), which rose 10.12% or 0.430 points to trade at 4.680 at the close. Meanwhile, Zhenhai Petrochemical Engineering Co Ltd (SS:603637) added 10.04% or 1.36 points to end at 14.91 and Founder Technology Group Co Ltd (SS:600601) was up 10.04% or 0.280 points to 3.070 in late trade.
The worst performers of the session were Henan Oriental Silver Star Investment Co Ltd (SS:600753), which fell 10.00% or 2.34 points to trade at 21.07 at the close. Shen Ma Industry Co Ltd (SS:600810) declined 7.54% or 1.470 points to end at 18.020 and Jiangsu Yulong Steel Pipe Co Ltd (SS:601028) was down 7.11% or 0.450 points to 5.880.
The top performers on the SZSE Component were Tianguang Fire-Fighting Co Ltd (SZ:002509) which rose 10.12% to 2.83, Shenzhen Tatfook Tech (SZ:300134) which was up 10.02% to settle at 11.75 and Kingenta Ecological Engineering Group Co Ltd (SZ:002470) which gained 10.01% to close at 7.47.
The worst performers were Huawen Media Investment Corp (SZ:000793) which was down 10.00% to 6.12 in late trade, Hand Enterprise Solutions Co (SZ:300170) which lost 10.00% to settle at 14.40 and Bohai Leasing Co Ltd (SZ:000415) which was down 8.94% to 4.79 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 826 to 499 and 94 ended unchanged.
Shares in Henan Oriental Silver Star Investment Co Ltd (SS:600753) fell to 52-week lows; down 10.00% or 2.34 to 21.07. Shares in Huawen Media Investment Corp (SZ:000793) fell to 5-year lows; falling 10.00% or 0.68 to 6.12. Shares in Bohai Leasing Co Ltd (SZ:000415) fell to 3-years lows; losing 8.94% or 0.47 to 4.79.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.32.
Gold Futures for August delivery was down 0.33% or 4.10 to $1223.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.68% or 0.46 to hit $66.70 a barrel, while the September Brent oil contract fell 0.91% or 0.66 to trade at $71.50 a barrel.
USD/CNY was up 0.07% to 6.7120, while EUR/CNY fell 0.23% to 7.8026.
The US Dollar Index Futures was up 0.31% at 95.02.