Investing.com – China stocks were lower after the close on Wednesday, as losses in the Real Estate Investments & Services, Travel & Leisure and Life Insurance sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 1.11% to hit a new 52-week low, while the SZSE Component index declined 1.83%.
The best performers of the session on the Shanghai Composite were Jiangsu Hongdou Industrial Co Ltd (SS:600400), which rose 10.15% or 0.340 points to trade at 3.690 at the close. Meanwhile, Huafang Co Ltd (SS:600448) added 10.03% or 0.390 points to end at 4.280 and Zhejiang Rongsheng Environmental Protection Paper Co Ltd (SS:603165) was up 10.00% or 2.03 points to 22.32 in late trade.
The worst performers of the session were China United Travel Co Ltd (SS:600358), which fell 10.04% or 0.68 points to trade at 6.09 at the close. Nanjing Xinjiekou Department Store Co Ltd (SS:600682) declined 10.02% or 2.26 points to end at 20.30 and Start Group (SS:600734) was down 10.00% or 0.940 points to 8.460.
The top performers on the SZSE Component were Digital China Information Service Co Ltd (SZ:000555) which rose 10.02% to 11.86, Lianhe Chemical Technology Co Ltd (SZ:002250) which was up 8.76% to settle at 9.06 and China Dalian International Cooperation Group Holdings Ltd (SZ:000881) which gained 8.03% to close at 9.95.
The worst performers were Henan Senyuan Electric Co Ltd (SZ:002358) which was down 10.01% to 14.48 in late trade, Dongjiang Environmental Co Ltd (SZ:002672) which lost 10.01% to settle at 13.57 and Shenzhen Tatfook Tech (SZ:300134) which was down 9.98% to 9.02 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 877 to 454 and 66 ended unchanged.
Shares in Nanjing Xinjiekou Department Store Co Ltd (SS:600682) fell to 3-years lows; falling 10.02% or 2.26 to 20.30. Shares in Start Group (SS:600734) fell to 52-week lows; down 10.00% or 0.940 to 8.460. Shares in Henan Senyuan Electric Co Ltd (SZ:002358) fell to 52-week lows; falling 10.01% or 1.61 to 14.48. Shares in Dongjiang Environmental Co Ltd (SZ:002672) fell to 3-years lows; falling 10.01% or 1.51 to 13.57. Shares in Shenzhen Tatfook Tech (SZ:300134) fell to 3-years lows; losing 9.98% or 1.00 to 9.02.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.62.
Gold Futures for August delivery was down 0.04% or 0.50 to $1259.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.44% or 0.31 to hit $70.84 a barrel, while the September Brent oil contract rose 0.43% or 0.33 to trade at $76.47 a barrel.
USD/CNY was up 0.16% to 6.5901, while EUR/CNY rose 0.31% to 7.6870.
The US Dollar Index Futures was down 0.12% at 94.25.