The benchmark index of Chinese equities dropped 1.73 percent Wednesday, led by declining financial and property stocks.
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The Shenzhen Component Index dipped 1.14 percent, or 158.12 points, to close at 13,772.17.
Combined turnover shrank to 232.27 billion yuan ($34.01 billion) from 275.4 billion yuan on the previous trading day.
Losers outnumbered gainers by 730 to 156 in Shanghai and 638 to 166 in Shenzhen.