Investing.com – China stocks were lower after the close on Wednesday, as losses in the Software & Computer Services, Media and Telecoms sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 1.78%, while the SZSE Component index lost 1.97%.
The best performers of the session on the Shanghai Composite were Zhengping Road & Bridge Construction Co Ltd (SS:603843), which rose 10.03% or 0.760 points to trade at 8.340 at the close. Meanwhile, Zhejiang XCC Group Co Ltd (SS:603667) added 10.01% or 0.980 points to end at 10.770 and Shen Ma Industry Co Ltd (SS:600810) was up 10.01% or 1.570 points to 17.250 in late trade.
The worst performers of the session were Huayi Electric Co Ltd (SS:600290), which fell 9.98% or 0.660 points to trade at 5.950 at the close. Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165) declined 9.97% or 1.080 points to end at 9.750 and Fujian Furi Electronics Co Ltd (SS:600203) was down 9.95% or 0.94 points to 8.51.
The top performers on the SZSE Component were All Winner Technology Co Ltd (SZ:300458) which rose 10.00% to 21.34, Nanjing Hanrui Cobalt Co Ltd (SZ:300618) which was up 10.00% to settle at 144.66 and FSPG Hi-Tech Co Ltd (SZ:000973) which gained 5.24% to close at 4.22.
The worst performers were Anhui Shengyun Environment-Protection Group Co Ltd (SZ:300090) which was down 10.05% to 3.58 in late trade, Xingyuan Environment Technology Co Ltd (SZ:300266) which lost 10.04% to settle at 8.60 and Nationz Technologies Inc (SZ:300077) which was down 10.03% to 9.78 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1265 to 141 and 7 ended unchanged.
Shares in Huayi Electric Co Ltd (SS:600290) fell to 3-years lows; falling 9.98% or 0.660 to 5.950. Shares in Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165) fell to 52-week lows; falling 9.97% or 1.080 to 9.750. Shares in Shen Ma Industry Co Ltd (SS:600810) rose to 5-year highs; gaining 10.01% or 1.570 to 17.250. Shares in Anhui Shengyun Environment-Protection Group Co Ltd (SZ:300090) fell to 5-year lows; down 10.05% or 0.40 to 3.58. Shares in Xingyuan Environment Technology Co Ltd (SZ:300266) fell to 3-years lows; falling 10.04% or 0.96 to 8.60.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.63.
Gold Futures for August delivery was down 0.18% or 2.30 to $1253.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.57% or 0.42 to hit $73.69 a barrel, while the September Brent oil contract fell 1.48% or 1.17 to trade at $77.69 a barrel.
USD/CNY was up 0.41% to 6.6590, while EUR/CNY rose 0.32% to 7.8140.
The US Dollar Index Futures was up 0.09% at 93.93.