Investing.com – China stocks were lower after the close on Wednesday, as losses in the Telecoms, Mobile and Software & Computer Services sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 0.70%, while the SZSE Component index lost 1.10%.
The best performers of the session on the Shanghai Composite were Aerosun Corp (SS:600501), which rose 10.07% or 0.710 points to trade at 7.760 at the close. Meanwhile, Hainan Haiqi Transportation Group Co Ltd (SS:603069) added 10.04% or 0.720 points to end at 7.890 and DELIXI XINJIANG Transportation Co Ltd (SS:603032) was up 10.02% or 1.30 points to 14.27 in late trade.
The worst performers of the session were Gangtai Holdin (SS:600687), which fell 10.05% or 0.740 points to trade at 6.620 at the close. Shanghai Jahwa United Co Ltd (SS:600315) declined 9.99% or 3.390 points to end at 30.540 and Shangying Global Co Ltd (SS:600146) was down 9.98% or 1.31 points to 11.81.
The top performers on the SZSE Component were Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (SZ:000766) which rose 10.02% to 7.25, Shenzhen Shenxin Taifeng Group Co Ltd (SZ:000034) which was up 9.98% to settle at 13.55 and Baoan Hongji Real Estate Group Co Ltd (SZ:000040) which gained 4.51% to close at 10.66.
The worst performers were Yinyi Real Estate Co Ltd (SZ:000981) which was down 10.06% to 5.63 in late trade, Shenwu Environmental Tech (SZ:300156) which lost 10.01% to settle at 6.74 and China Greatwall Computer Shenzhen Co Ltd (SZ:000066) which was down 9.40% to 6.84 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1110 to 277 and 54 ended unchanged.
Shares in Gangtai Holdin (SS:600687) fell to 3-years lows; falling 10.05% or 0.740 to 6.620. Shares in Shangying Global Co Ltd (SS:600146) fell to 3-years lows; losing 9.98% or 1.31 to 11.81. Shares in Yinyi Real Estate Co Ltd (SZ:000981) fell to 5-year lows; losing 10.06% or 0.63 to 5.63.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.37.
Gold Futures for December delivery was up 0.04% or 0.50 to $1200.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.67% or 0.44 to hit $66.28 a barrel, while the October Brent oil contract rose 0.70% or 0.51 to trade at $73.14 a barrel.
USD/CNY was down 0.06% to 6.8434, while EUR/CNY fell 0.09% to 7.9171.
The US Dollar Index Futures was up 0.04% at 95.17.