Investing.com – China stocks were lower after the close on Wednesday, as losses in the Technology Hardware & Equipment, Telecoms and Mobile sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 0.37%, while the SZSE Component index lost 1.06%.
The best performers of the session on the Shanghai Composite were Aokang Shoes (SS:603001), which rose 10.02% or 2.010 points to trade at 22.070 at the close. Meanwhile, Changjiang Pu& (SS:600757) added 10.01% or 0.750 points to end at 8.240 and Harbin Pharm (SS:600664) was up 10.01% or 0.990 points to 10.880 in late trade.
The worst performers of the session were Yingkou Port (SS:600317), which fell 10.06% or 0.540 points to trade at 4.830 at the close. Dalian Daxian (SS:600747) declined 10.06% or 0.510 points to end at 4.560 and Tianli Tech (SS:600339) was down 10.05% or 0.640 points to 5.730.
The top performers on the SZSE Component were Guangdong Electric Power Development Co Ltd (SZ:000539) which rose 10.07% to 8.09, Sungrow Power Supply Co Ltd (SZ:300274) which was up 10.03% to settle at 19.75 and Jiangling Motors Corp Ltd (SZ:000550) which gained 10.01% to close at 25.17.
The worst performers were Shanxi Taigang Stainless Steel Co Ltd (SZ:000825) which was down 10.04% to 4.30 in late trade, Zhejiang Jingxing Paper Joint Stock Co Ltd (SZ:002067) which lost 10.04% to settle at 5.11 and Anhui Huilong Agricultural Means of Production Co Ltd (SZ:002556) which was down 10.03% to 11.66 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 711 to 229.
Shares in Dalian Daxian (SS:600747) fell to 52-week lows; falling 10.06% or 0.510 to 4.560.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 17.79% to 53.69.
Gold for December delivery was up 0.11% or 1.30 to $1141.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.12% or 0.51 to hit $44.90 a barrel, while the October Brent oil contract fell 0.51% or 0.26 to trade at $49.30 a barrel.
USD/CNY was down 0.07% to 6.3600, while EUR/CNY fell 0.64% to 7.1540.
The US Dollar Index was up 0.40% at 95.77.