Investing.com – China equities were lower at the close on Wednesday, as losses in the Real Estate Investments & Services, Travel & Leisure and Life Insurance sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite declined 1.11% to hit a new 52-week low, while the SZSE Component index fell 1.83%.
The biggest gainers 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. 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.
Biggest losers included China United Travel Co Ltd (SS:600358), which lost 10.04% or 0.68 points to trade at 6.09 in late trade. 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) shed 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.
Declining stocks outnumbered rising ones by 877 to 454 and 66 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.62.
In commodities trading, Gold Futures for August delivery was down 0.04% or 0.50 to $1259.40 a troy ounce. Meanwhile, 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 0.39% or 0.30 to trade at $76.44 a barrel.
USD/CNY was up 0.15% to 6.5891, while EUR/CNY rose 0.30% to 7.6860.
The US Dollar Index Futures was down 0.12% at 94.25.