Mainland A-shares opened higher then fell; at close the Shanghai Composite was down 1.33%, the Shenzhen Composite Index down 2.50% and the ChiNext Index down 3.41%. Turnover on Shanghai and Shenzhen totaled 1.46 trillion yuan, down 147.8 billion yuan from the prior session. More than 4,900 stocks declined. Haoen Qidian plunged in late-session matching trades, closing near -16%. Banks outperformed, led by Shanghai Rural Commercial Bank and Chongqing Bank. Retail names were active: Shanghai Jiubai

Mainland A-shares opened higher then fell; at close the Shanghai Composite was down 1.33%, the Shenzhen Composite Index down 2.50% and the ChiNext Index down 3.41%. Turnover on Shanghai and Shenzhen totaled 1.46 trillion yuan, down 147.8 billion yuan from the prior session. More than 4,900 stocks declined. Haoen Qidian plunged in late-session matching trades, closing near -16%. Banks outperformed, led by Shanghai Rural Commercial Bank and Chongqing Bank. Retail names were active: Shanghai Jiubai recorded a fifth consecutive limit-up, while Maoye Commercial and Guangbai hit daily limits. Shipping, airport and coal sectors strengthened. Semiconductors opened higher then slid, with Unigroup Guowei hitting limit-down. Aerospace and defense retreated, Hongdu Aviation hit limit-down. Biotech, communications equipment and computer hardware were among the weakest sectors.