Investing.com – China stocks were lower after the close on Wednesday, as losses in the Oil Equipment Services & Distribution, Software & Computer Services and Technology sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 1.05% to hit a new 1-month low, while the SZSE Component index declined 1.48%.
The best performers of the session on the Shanghai Composite were Lushang Property Co Ltd (SS:600223), which rose 10.09% or 0.320 points to trade at 3.490 at the close. Meanwhile, DELIXI XINJIANG Transportation Co Ltd (SS:603032) added 10.01% or 2.82 points to end at 30.99 and Beijing Huaye Capital Holdings Co Ltd (SS:600240) was up 9.85% or 0.270 points to 3.010 in late trade.
The worst performers of the session were Join in Holding Co Ltd (SS:600745), which fell 10.00% or 2.500 points to trade at 22.500 at the close. Shanghai Hugong Electric Group Co Ltd (SS:603131) declined 9.96% or 1.790 points to end at 16.180 and Shandong Xinchao Energy Co Ltd (SS:600777) was down 9.95% or 0.220 points to 1.990.
The top performers on the SZSE Component were Yinyi Real Estate Co Ltd (SZ:000981) which rose 6.47% to 3.95, Xinzhi Motor Co Ltd (SZ:002664) which was up 4.68% to settle at 14.10 and Guangdong Eastone Century Technology Co Ltd (SZ:300310) which gained 4.23% to close at 5.17.
The worst performers were By health (SZ:300146) which was down 9.42% to 16.73 in late trade, Chengzhi Shareholding Co Ltd (SZ:000990) which lost 8.32% to settle at 12.56 and Jiangxi Zhengbang Technology Co Ltd (SZ:002157) which was down 7.94% to 4.87 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1197 to 220 and 58 ended unchanged.
Shares in Join in Holding Co Ltd (SS:600745) fell to 52-week lows; falling 10.00% or 2.500 to 22.500.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 27.79.
Gold Futures for February delivery was up 0.06% or 0.70 to $1254.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.13% or 0.06 to hit $46.66 a barrel, while the February Brent oil contract rose 0.21% or 0.12 to trade at $56.38 a barrel.
USD/CNY was unchanged 0.00% to 6.8951, while EUR/CNY rose 0.28% to 7.8584.
The US Dollar Index Futures was down 0.28% at 96.303.