Chinese equities down 0.28% on Wed

Chinese equities continue to lose ground on Wednesday with the index shed 0.28 percent. Real estate and banking shares led the drop.

The benchmark Shanghai Composite Index on Shanghai bourse closed at 3,080.77 points, down 8.68 points, or 0.28 percent. The Shenzhen Component Index closed at 12,488.58 points, up 126.14 points, or 1.02 percent.

Total turnover shrank to 254.4 billion yuan ($37.24 billion) from 284.06 billion yuan on the previous trading day.

Source: Biz China