China A-shares closed lower: Shanghai Composite -0.43%, Shenzhen Composite Index -0.77%, ChiNext -0.49%, Beijing 50 index -2.81%. Market liquidity weakened further as turnover fell below CNY2.0 trillion for a fourth session to CNY1.65 trillion, down CNY208.5 billion from the prior day; over 4,400 stocks fell. Grain and liquor sectors led declines — COFCO Sugar hit limit-down while Huazi Industrial, Shenliang Holdings and Baolingbao plunged. Planting and forestry stocks were weak; Hainan Rubber h

China A-shares closed lower: Shanghai Composite -0.43%, Shenzhen Composite Index -0.77%, ChiNext -0.49%, Beijing 50 index -2.81%. Market liquidity weakened further as turnover fell below CNY2.0 trillion for a fourth session to CNY1.65 trillion, down CNY208.5 billion from the prior day; over 4,400 stocks fell. Grain and liquor sectors led declines — COFCO Sugar hit limit-down while Huazi Industrial, Shenliang Holdings and Baolingbao plunged. Planting and forestry stocks were weak; Hainan Rubber hit limit-down, and Yasheng Group, Nongfa Seed and Wanxiang Denong tumbled. Banks traded higher, led by Ningbo Bank, Nanjing Bank and Jiangsu Bank. Travel and consumer names outperformed: Guilin Tourism posted a fourth straight limit-up and Nanning Department Store hit limit-up.