Investing.com – China stocks were lower after the close on Wednesday, as losses in the Software & Computer Services, Technology and Telecoms sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 0.97%, while the SZSE Component index lost 1.49%.
The best performers of the session on the Shanghai Composite were Shenyang Jinbei Automotive Co Ltd (SS:600609), which rose 10.05% or 0.420 points to trade at 4.600 at the close. Meanwhile, BanBao Co Ltd (SS:603398) added 10.02% or 1.580 points to end at 17.350 and Sichuan Tianyi Science & Technology Co Ltd (SS:600378) was up 10.01% or 0.960 points to 10.550 in late trade.
The worst performers of the session were Jilin Expressway Co Ltd (SS:601518), which fell 10.11% or 0.380 points to trade at 3.380 at the close. Henan Rebecca Hair Products Co Ltd (SS:600439) declined 10.06% or 0.480 points to end at 4.290 and Jiangxi Lianchuang Opto-electronic Science & Technology Co Ltd (SS:600363) was down 10.01% or 1.100 points to 9.890.
The top performers on the SZSE Component were Yifan Xinfu Pharmaceutical Co Ltd (SZ:002019) which rose 4.50% to 18.10, China Aviation Optical-Electrical Technology Co Ltd (SZ:002179) which was up 2.79% to settle at 40.87 and Beijing Sevenstar Electronics Co Ltd (SZ:002371) which gained 2.39% to close at 44.97.
The worst performers were ZTE Corp (SZ:000063) which was down 10.00% to 28.18 in late trade, Hunan China Sun Pharma Machinery (SZ:300216) which lost 9.97% to settle at 6.77 and Goldleaf Jewelry Co Ltd (SZ:000587) which was down 9.97% to 5.51 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1160 to 188 and 39 ended unchanged.
Shares in Henan Rebecca Hair Products Co Ltd (SS:600439) fell to 52-week lows; losing 10.06% or 0.480 to 4.290. Shares in Hunan China Sun Pharma Machinery (SZ:300216) fell to 3-years lows; losing 9.97% or 0.75 to 6.77. Shares in Goldleaf Jewelry Co Ltd (SZ:000587) fell to 5-year lows; losing 9.97% or 0.61 to 5.51.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 18.31 a new 3-months low.
Gold Futures for August delivery was down 0.13% or 1.70 to $1297.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.59% or 0.39 to hit $65.97 a barrel, while the August Brent oil contract fell 0.54% or 0.41 to trade at $75.47 a barrel.
USD/CNY was up 0.02% to 6.4047, while EUR/CNY rose 0.06% to 7.5252.
The US Dollar Index Futures was up 0.05% at 93.88.