China’s stock market closed mixed on Wednesday with shares in Shenzhen outperforming stocks in Shanghai.
At the close, the Shanghai Composite Index lost 0.01%, at 3,084.46 points, while the Shenzhen Component Index went 0.25% up to 10,784.33 points.
The ChiNext Index, which tracks China’s NASDAQ-style board for growth enterprises, rose 0.38% to 2,193.26 points.
Total traded amounts of the Shanghai and Shenzhen bourses decreased to 177.7 billion yuan and 297.3 billion yuan, respectively.
Most sectors gained in both markets, with shares in electron component, clothing and textile industries among the biggest gainers.
At the end of trading, 1,365 counters rose, 1,259 shares declined, and the remaining 321 shares closed flat.
Shanghai – Hong Kong Stock Connect
The Shanghai – Hong Kong Stock Connect today saw a net fund inflow of 514 million yuan, for northbound trade.
Among the total 569 stocks eligible for the northbound trade, 245 counters rose, 275 shares declined, and the balance 49 remained unchanged.
Shanghai Zhongji Investment Holding Co., Ltd and Anhui Xinhua Media Co.,Ltd surged by their 10% daily maximum limit.