Investing.com – China stocks were lower after the close on Monday, as losses in the Real Estate Investments & Services, Life Insurance and Financials sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 2.52% to hit a new 52-week low, while the SZSE Component index declined 2.13%.
The best performers of the session on the Shanghai Composite were Hefei Metalforming Intelligent Manufacturing Co Ltd (SS:603011), which rose 10.09% or 0.54 points to trade at 5.89 at the close. Meanwhile, Hna Innovation Hainan Co Ltd A (SS:600555) added 10.08% or 0.39 points to end at 4.26 and Liaoning Shidai Wanheng Co Ltd (SS:600241) was up 10.04% or 0.730 points to 8.000 in late trade.
The worst performers of the session were Zhongzhu Medical Holdings Co Ltd (SS:600568), which fell 10.00% or 0.480 points to trade at 4.320 at the close. Jilin Forest (SS:600189) declined 9.99% or 0.750 points to end at 6.760 and Zhejiang Tiancheng Controls Co Ltd (SS:603085) was down 9.99% or 2.46 points to 22.16.
The top performers on the SZSE Component were Shenzhen Tatfook Tech (SZ:300134) which rose 9.96% to 9.83, Zhonghong Holding Co Ltd (SZ:000979) which was up 9.90% to settle at 1.11 and Beijing Jingxi Culture&Tourism Co Ltd (SZ:000802) which gained 5.56% to close at 11.02.
The worst performers were Goldleaf Jewelry Co Ltd (SZ:000587) which was down 10.08% to 4.46 in late trade, Meisheng Cultural & Creative Corp Ltd (SZ:002699) which lost 10.02% to settle at 16.88 and Xingyuan Environment Technology Co Ltd (SZ:300266) which was down 10.01% to 17.99 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1173 to 209 and 24 ended unchanged.
Shares in Zhongzhu Medical Holdings Co Ltd (SS:600568) fell to 5-year lows; down 10.00% or 0.480 to 4.320. Shares in Jilin Forest (SS:600189) fell to 3-years lows; falling 9.99% or 0.750 to 6.760. Shares in Zhejiang Tiancheng Controls Co Ltd (SS:603085) fell to 52-week lows; falling 9.99% or 2.46 to 22.16. Shares in Goldleaf Jewelry Co Ltd (SZ:000587) fell to 5-year lows; down 10.08% or 0.50 to 4.46. Shares in Xingyuan Environment Technology Co Ltd (SZ:300266) fell to 52-week lows; losing 10.01% or 2.00 to 17.99.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 24.07.
Gold Futures for August delivery was down 0.38% or 4.80 to $1249.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.65% or 0.48 to hit $73.67 a barrel, while the September Brent oil contract fell 1.05% or 0.83 to trade at $78.40 a barrel.
USD/CNY was up 0.48% to 6.6536, while EUR/CNY rose 0.05% to 7.7405.
The US Dollar Index Futures was up 0.34% at 94.55.