Shares down over losses led by semiconductor, 5G sectors

Major Chinese stock indices ended lower Tuesday, with the benchmark Shanghai Composite Index down 0.87 percent, at 2,954.18 points.

The Shenzhen Component Index closed 0.57 percent lower at 9,746.03 points.

The combined trading volume of stocks in the two indexes expanded to 538.98 billion yuan (US$76.32 billion) from 520.32 billion yuan the previous trading day.

Most stocks fell, with losers outnumbering gainers by 1,170 to 275 on the Shanghai bourse and 1,784 to 335 in Shenzhen.

Companies in the industries of blockchain, pork and animal vaccine saw robust growth in its share price, with shares of Easy Visible Supply Chain Management Co Ltd rising by the daily 10-percent limit to 15.48 yuan per share.

Henan Shuanghui Investment & Development Co., Ltd. saw its share price rise by the daily 10-percent limit to 28.82 yuan a share.

Shares in the sectors of semiconductor and 5G led the losses.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, lost 1.05 percent to close at 1,686.58 points.

Farm and fish breeding shares jumped on Tuesday, thanks to booming consumption demand which have pushed food cost such as pork price.

ZTE, China’s biggest public telecommunications equipment maker, increased 0.3 percent to close 33.7 yuan on Tuesday, after posting better-than-expected results.

In the first three quarters, ZTE posted net profit of 4.13 billion yuan, jumping 157 percent year-on-year.