SHANGHAI (Reuters) – China stocks ended lower on Wednesday, pressured by electric vehicle makers and healthcare companies amid profit-taking, while worries about a slowing economy also weighed on market sentiment.
The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, dropped 0.68%, while the Shanghai index dropped 0.33%.
Leading the way in the losses, the health sub-index declined 2.78%, and the new energy vehicle sector lost 3.7%.
Shares of Chinese property developers soared after the country’s central bank pledged to take more steps to stabilize the economy.
. In TOKYO, the Nikkei index fell 2.80% to 27,467 points.
. In HONG KONG, the HANG SENG index rose 0.06% to 24,127 points.
. In SHANGHAI, the SSEC index lost 0.33% to 3,558 points.
. The CSI300 index, which brings together the largest companies listed in SHANGHAI and SHENZHEN, dropped 0.68% to 4,780 points.
. In SEOUL, the KOSPI index fell by 0.77% to 2,842 points.
. In TAIWAN, the TAIEX index registered a drop of 0.82%, to 18,227 points.
. In SINGAPORE, the STRAITS TIMES index rose by 0.12% to 3,283 points.
. In SYDNEY, the S&P/ASX 200 index fell 1.03% to 7,332 points.
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