Investing.com – China stocks were lower after the close on Thursday, as losses in the Technology Hardware & Equipment, Technology and Software & Computer Services sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 1.38% to hit a new 52-week low, while the SZSE Component index lost 1.94%.
The best performers of the session on the Shanghai Composite were Nanjing Inform Storage Equipment Group Co Ltd (SS:603066), which rose 10.02% or 0.90 points to trade at 9.88 at the close. Meanwhile, Xining Special Steel Co Ltd (SS:600117) added 9.98% or 0.500 points to end at 5.510 and Wintime Energy Co Ltd (SS:600157) was up 9.94% or 0.160 points to 1.770 in late trade.
The worst performers of the session were Ningbo Bird Co Ltd (SS:600130), which fell 10.11% or 0.360 points to trade at 3.200 at the close. Shandong Huapeng Glass Co Ltd (SS:603021) declined 10.05% or 0.780 points to end at 6.980 and Guangzhou Yuetai Group Co Ltd (SS:600393) was down 10.04% or 0.480 points to 4.300.
The top performers on the SZSE Component were Cangzhou Mingzhu Plastic Co Ltd (SZ:002108) which rose 10.07% to 4.81, Shenzhen Minkave Technology Co Ltd (SZ:300506) which was up 9.96% to settle at 23.30 and Zhejiang Nhu Co Ltd (SZ:002001) which gained 8.48% to close at 17.79.
The worst performers were ZTE Corp (SZ:000063) which was down 10.01% to 16.64 in late trade, Zhuhai Orbita Control Eng (SZ:300053) which lost 10.00% to settle at 10.98 and Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (SZ:000766) which was down 10.00% to 12.24 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1142 to 215 and 35 ended unchanged.
Shares in Ningbo Bird Co Ltd (SS:600130) fell to 3-years lows; falling 10.11% or 0.360 to 3.200. Shares in Shandong Huapeng Glass Co Ltd (SS:603021) fell to 3-years lows; falling 10.05% or 0.780 to 6.980. Shares in Guangzhou Yuetai Group Co Ltd (SS:600393) fell to 52-week lows; falling 10.04% or 0.480 to 4.300. Shares in ZTE Corp (SZ:000063) fell to 52-week lows; losing 10.01% or 1.85 to 16.64. Shares in Zhuhai Orbita Control Eng (SZ:300053) fell to 52-week lows; losing 10.00% or 1.22 to 10.98. Shares in Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (SZ:000766) fell to 52-week lows; falling 10.00% or 1.36 to 12.24.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 20.95.
Gold Futures for August delivery was down 0.66% or 8.40 to $1266.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.56% or 0.37 to hit $65.34 a barrel, while the August Brent oil contract fell 0.91% or 0.68 to trade at $74.06 a barrel.
USD/CNY was up 0.42% to 6.5005, while EUR/CNY rose 0.24% to 7.5117.
The US Dollar Index Futures was up 0.18% at 94.95.