China stocks erased early gains and ended lower on Wednesday, weighed down by start-up firms, as investors booked profits in shares of technology companies.
At the close, the Shanghai Composite index was down 0.3 percent at 3,280.95.
The blue-chip CSI300 index was down 0.38 percent, with its financial sector sub-index losing 0.01 percent, the consumer staples sector falling 0.77 percent and healthcare sub-index shedding 0.67 percent; the real estate index gained 0.56 percent. The smaller Shenzhen index ended down 0.73 percent and the start-up board, ChiNext Composite index, was weaker by 1.86 percent, its worst day in five weeks.
Source : Reuters