BEIJING: China stocks were lower after the close on Wednesday, as losses in the Travel & Leisure, Electricity and Utilities sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 2.16%, while the SZSE Component index fell 1.04%.
The best performers of the session on the Shanghai Composite were Capital Retail (SS:600723), which rose 10.06% or 0.830 points to trade at 9.080 at the close. Meanwhile, Sanxia Materia (SS:600293) added 10.06% or 0.800 points to end at 8.750 and Asian Star (SS:601890) was up 10.05% or 1.060 points to 11.610 in late trade.
The worst performers of the session were Jinbei Automot (SS:600609), which fell 10.05% or 0.650 points to trade at 5.820 at the close. Xinjiang Tiany (SS:600075) declined 10.00% or 1.60 points to end at 14.40 and Tianyi Science (SS:600378) was down 9.98% or 2.060 points to 18.590.
The top performers on the SZSE Component were Do-Fluoride Chemicals Co Ltd (SZ:002407) which rose 10.02% to 36.03, Zhejiang Wanma Co Ltd (SZ:002276) which was up 10.00% to settle at 20.46 and Shenzhen Yan Tian Port Holdings Co Ltd (SZ:000088) which gained 10.00% to close at 7.48.
The worst performers were Beijing Philisense Tech (SZ:300287) which was down 10.01% to 17.80 in late trade, Shanghai STEP Electric Corp (SZ:002527) which lost 9.99% to settle at 27.83 and Tianjin Zhonghuan Semiconductor Co Ltd (SZ:002129) which was down 6.12% to 10.28 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 756 to 197.
Shares in Beijing Philisense Tech (SZ:300287) fell to 52-week lows; losing 10.01% or 1.98 to 17.80.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 5.47% to 39.91.
