Investing.com – China equities were lower at the close on Wednesday, as losses in the Retailers, Travel & Leisure and Electricity sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite declined 3.02%, while the SZSE Component index fell 4.68%.
The biggest gainers of the session on the Shanghai Composite were Taiji Indust (SS:600667), which rose 10.08% or 0.630 points to trade at 6.880 at the close. Yn Real Estate (SS:600239) added 10.06% or 0.620 points to end at 6.780 and Xianmen Xiangy (SS:600057) was up 10.04% or 0.920 points to 10.080 in late trade.
Biggest losers included Meiyan Jixiang (SS:600868), which lost 10.08% or 0.490 points to trade at 4.370 in late trade. Tianjin Dev SS (SS:600322) declined 10.07% or 0.600 points to end at 5.360 and Gd Power (SS:600795) shed 10.07% or 0.550 points to 4.910.
The top performers on the SZSE Component were Zhejiang Jingxing Paper Joint Stock Co Ltd (SZ:002067) which rose 10.05% to 6.02, Guangdong Weihua Corp (SZ:002240) which was up 10.04% to settle at 8.88 and Beijing Zhong Ke San Huan High-Tech Co Ltd (SZ:000970) which gained 10.04% to close at 13.48.
The worst performers were Xinjiang Zhongtai Chemical Co Ltd (SZ:002092) which was down 10.05% to 7.97 in late trade, Shanghai Metersbonwe Fashion&Accessories Co Ltd (SZ:002269) which lost 10.04% to settle at 8.87 and Tianjin Economic-technological Development Area Co Ltd (SZ:000652) which was down 10.04% to 6.81 at the close.
Declining stocks outnumbered rising ones by 857 to 103 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 5.27% to 32.56.
In commodities trading, Gold for August delivery was up 0.03% or 0.30 to $1153.80 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.07% or 0.04 to hit $53.01 a barrel, while the September Brent oil contract fell 0.21% or 0.12 to trade at $58.55 a barrel.
USD/CNY was up 0.01% to 6.2093, while EUR/CNY fell 0.02% to 6.8330.
The US Dollar Index was up 0.02% at 96.83.