China stocks fell on Thursday, pressured by selling of real estate and financial shares, as investors booked profits in sector leaders that had stellar gains this year. At the close, the Shanghai Composite index was down 20.28 points or 0.61 percent at 3,317.58. The blue-chip CSI300 index was down 1.16 percent, with the financial sector sub-index lower by 1.53 percent, the consumer staples sector down 1.11 percent, the real estate index down 4.21 percent and healthcare sub-index down 0.57 percent.
The smaller Shenzhen index ended down 0.9 percent and the start-up board ChiNext Composite index was weaker by 0.96 percent. Around the region, MSCI's Asia ex-Japan stock index was weaker by 1.34 percent while Japan's Nikkei index closed up 0.57 percent.
The largest percentage gainers in the main Shanghai Composite index were Zhangjiagang Freetrade Science & Technology Group Co Ltd up 10.05 percent, followed by JiLin Sino-Microelectronics Co Ltd gaining 10.03 percent and Lawton Development Co Ltd up by 10.02 percent.
The largest percentage losses in the Shanghai index were LONGi Green Energy Technology Co Ltd down 10 percent, followed by Tongwei Co Ltd losing 8.05 percent and Pci-Suntek Technology Co Ltd down by 7.51 percent. So far this year, the Shanghai stock index is up 7.55 percent and the CSI300 is up 21 percent
while China's H-share index listed in Hong Kong is up 24.0 percent. Shanghai stocks have declined 1.63 percent this month.
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