China A-shares closed lower after a low-range session. Shanghai Composite fell 0.59%, Shenzhen Component down 0.96% and the ChiNext index off 1.24%. Power-grid equipment stocks outperformed, with several names hitting limit up including Jiusheng Electric, Baili Electric and Changcheng Electric; Zhongchao Holdings, Kaifa Electric and Xinte Electric also gained. Photovoltaic equipment stocks climbed, led by Fulate, Guosheng Technology and Tongwei. Paper producers strengthened in the afternoon; Yib

China A-shares closed lower after a low-range session. Shanghai Composite fell 0.59%, Shenzhen Component down 0.96% and the ChiNext index off 1.24%. Power-grid equipment stocks outperformed, with several names hitting limit up including Jiusheng Electric, Baili Electric and Changcheng Electric; Zhongchao Holdings, Kaifa Electric and Xinte Electric also gained. Photovoltaic equipment stocks climbed, led by Fulate, Guosheng Technology and Tongwei. Paper producers strengthened in the afternoon; Yibin Paper and Kaien hit limit up, while Qingshan Paper, Hengda New Materials and Wuzhou Special Paper advanced. Semiconductor and memory-chip sectors sharply reversed, with GigaDevice and Xiandao Jidian hitting limit down; Zhongke Feice, Changchuan Technology and Tuojing Technology posted large declines. Electronic-chemicals names were weak—Honghe Technology hit limit down, and Sanfu Xinke, Dinglong and Anji Technology fell.