Investing.com – China stocks were lower after the close on Thursday, as losses in the Oil Equipment Services & Distribution, Technology Hardware & Equipment and Technology sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 0.63%, while the SZSE Component index fell 0.94%.
The best performers of the session on the Shanghai Composite were Tianjin Quanyechang Group Co Ltd (SS:600821), which rose 10.10% or 0.500 points to trade at 5.450 at the close. Meanwhile, ZhongTongGuoMai Communication Co Ltd (SS:603559) added 10.00% or 2.040 points to end at 22.450 and Jiangsu Jiangnan High Polymer Fiber Co Ltd (SS:600527) was up 10.00% or 0.240 points to 2.640 in late trade.
The worst performers of the session were China Resources Double-Crane Pharmaceutical Co Ltd (SS:600062), which fell 17.03% or 3.70 points to trade at 18.03 at the close. ButOne Information Corp XiAn (SS:600455) declined 10.00% or 2.670 points to end at 24.030 and Shangying Global Co Ltd (SS:600146) was down 10.00% or 2.00 points to 18.00.
The top performers on the SZSE Component were Western Securities Co Ltd (SZ:002673) which rose 6.78% to 7.72, Shenzhen Worldunion Properties Consultancy Inc (SZ:002285) which was up 5.48% to settle at 6.55 and Beijing Sinnet Technology Co Ltd (SZ:300383) which gained 4.66% to close at 15.26.
The worst performers were Searainbow Holding Corp (SZ:000503) which was down 10.00% to 20.25 in late trade, Henan Shuanghui Investment & Development Co Ltd (SZ:000895) which lost 10.00% to settle at 22.41 and Harbin Gloria Pharmaceuticals (SZ:002437) which was down 8.70% to 4.20 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1055 to 325 and 54 ended unchanged.
Shares in China Resources Double-Crane Pharmaceutical Co Ltd (SS:600062) fell to 52-week lows; losing 17.03% or 3.70 to 18.03. Shares in Shangying Global Co Ltd (SS:600146) fell to 52-week lows; falling 10.00% or 2.00 to 18.00. Shares in Searainbow Holding Corp (SZ:000503) fell to 52-week lows; down 10.00% or 2.25 to 20.25. Shares in Harbin Gloria Pharmaceuticals (SZ:002437) fell to 5-year lows; falling 8.70% or 0.40 to 4.20.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 17.94% to 26.17 a new 1-month high.
Gold Futures for December delivery was down 0.08% or 1.00 to $1184.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.03% or 0.02 to hit $65.03 a barrel, while the October Brent oil contract rose 0.38% or 0.27 to trade at $71.03 a barrel.
USD/CNY was down 0.39% to 6.9077, while EUR/CNY fell 0.24% to 7.8515.
The US Dollar Index Futures was down 0.11% at 96.48.