Investing.com – China stocks were higher after the close on Wednesday, as gains in the Real Estate Investments & Services, Software & Computer Services and Media sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.31%, while the SZSE Component index added 0.92%.
The best performers of the session on the Shanghai Composite were Xining Special Steel Co Ltd (SS:600117), which rose 10.11% or 0.460 points to trade at 5.010 at the close. Meanwhile, Hefei Metalforming Intelligent Manufacturing Co Ltd (SS:603011) added 10.08% or 0.51 points to end at 5.57 and Hangzhou Youngsun Intelligent Equipment Co Ltd (SS:603901) was up 10.06% or 0.80 points to 8.75 in late trade.
The worst performers of the session were Shenji Group Kunming Machine Tool Co Ltd (SS:600806), which fell 10.07% or 0.150 points to trade at 1.340 at the close. Tonghua Grape Wine Co Ltd (SS:600365) declined 10.03% or 0.630 points to end at 5.650 and Yiwu Huading Nylon Co Ltd (SS:601113) was down 10.02% or 1.330 points to 11.940.
The top performers on the SZSE Component were Beijing Shougang Co Ltd (SZ:000959) which rose 10.10% to 4.360, Shenzhen Minkave Technology Co Ltd (SZ:300506) which was up 10.02% to settle at 21.19 and Hangzhou Tigermed Consulting (SZ:300347) which gained 10.00% to close at 63.47.
The worst performers were Shenzhen Victor Onward Textile Industrial Co Ltd (SZ:000018) which was down 10.07% to 4.91 in late trade, Zhejiang Zhongcheng Packing Material Co Ltd (SZ:002522) which lost 10.04% to settle at 7.71 and ZTE Corp (SZ:000063) which was down 9.98% to 18.49 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1011 to 348 and 32 ended unchanged.
Shares in Shenji Group Kunming Machine Tool Co Ltd (SS:600806) fell to all time lows; losing 10.07% or 0.150 to 1.340. Shares in Tonghua Grape Wine Co Ltd (SS:600365) fell to 3-years lows; falling 10.03% or 0.630 to 5.650. Shares in Shenzhen Victor Onward Textile Industrial Co Ltd (SZ:000018) fell to 5-year lows; losing 10.07% or 0.55 to 4.91. Shares in Zhejiang Zhongcheng Packing Material Co Ltd (SZ:002522) fell to 3-years lows; falling 10.04% or 0.86 to 7.71. Shares in Hangzhou Tigermed Consulting (SZ:300347) rose to all time highs; gaining 10.00% or 5.77 to 63.47. Shares in ZTE Corp (SZ:000063) fell to 52-week lows; down 9.98% or 2.05 to 18.49.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 12.46% to 20.94.
Gold Futures for August delivery was down 0.18% or 2.30 to $1276.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.88% or 0.57 to hit $65.47 a barrel, while the August Brent oil contract rose 0.93% or 0.70 to trade at $75.78 a barrel.
USD/CNY was down 0.28% to 6.4667, while EUR/CNY fell 0.40% to 7.4851.
The US Dollar Index Futures was up 0.13% at 94.77.