Investing.com – China stocks were lower after the close on Wednesday, as losses in the Life Insurance, Travel & Leisure and Software & Computer Services sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 2.06%, while the SZSE Component index declined 2.32%.
The best performers of the session on the Shanghai Composite were Nanjing Textiles Import & Export Corp Ltd (SS:600250), which rose 10.06% or 0.660 points to trade at 7.220 at the close. Meanwhile, ButOne Information Corp XiAn (SS:600455) added 10.01% or 2.430 points to end at 26.700 and Fujian Dongbai Group Co Ltd (SS:600693) was up 10.00% or 0.54 points to 5.94 in late trade.
The worst performers of the session were Shangying Global Co Ltd (SS:600146), which fell 9.99% or 2.22 points to trade at 20.00 at the close. Tonghua Dongbao Pharmaceutical Co Ltd (SS:600867) declined 9.98% or 2.180 points to end at 19.660 and Hainan HNA Infrastructure Investment Group Co Ltd (SS:600515) was down 9.96% or 0.900 points to 8.140.
The top performers on the SZSE Component were Guangdong Eastone Century Technology Co Ltd (SZ:300310) which rose 9.98% to 6.39, Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which was up 6.13% to settle at 2.25 and Henan Shuanghui Investment & Development Co Ltd (SZ:000895) which gained 3.71% to close at 24.90.
The worst performers were Zhonghong Holding Co Ltd (SZ:000979) which was down 9.62% to 0.94 in late trade, Harbin Gloria Pharmaceuticals (SZ:002437) which lost 8.18% to settle at 4.60 and Asymchem Laboratories Tian Jin Co Ltd (SZ:002821) which was down 7.54% to 71.29 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1313 to 101 and 19 ended unchanged.
Shares in Hainan HNA Infrastructure Investment Group Co Ltd (SS:600515) fell to 3-years lows; falling 9.96% or 0.900 to 8.140. Shares in Zhonghong Holding Co Ltd (SZ:000979) fell to 5-year lows; down 9.62% or 0.10 to 0.94. Shares in Harbin Gloria Pharmaceuticals (SZ:002437) fell to 5-year lows; down 8.18% or 0.41 to 4.60.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.55% to 22.19.
Gold Futures for December delivery was down 0.45% or 5.40 to $1195.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.64% or 0.43 to hit $66.61 a barrel, while the October Brent oil contract fell 0.47% or 0.34 to trade at $72.12 a barrel.
USD/CNY was up 0.26% to 6.9023, while EUR/CNY rose 0.23% to 7.8269.
The US Dollar Index Futures was up 0.06% at 96.61.