Editorial Summary

The Shanghai Composite Index fell 1.54 percent to close at 5,095.5 on Wednesday, while the Shenzhen Composite Index slid 0.33 percent to close at 1,352.5. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached 113 billion Yuan and 51.5 billion Yuan, respectively.

Shares of China's largest container ship operator China Shipping Container Lines Company Limited (CSCL) (601866.SH; 2866.HK) rose 74.77 percent to close at 11.57 Yuan in its Shanghai debut.

Air China Ltd (601111.SH; 0753.HK) chairman Li Jiaxiang said on Tuesday that the company will not consider an acquisition of China Eastern Airlines Corporation Ltd (600115.SH; 0670.HK; NYSE:CEA) before the end of the year, reports Shanghai Security News. Shares of Air China and China Eastern Airlines fell 1.03 percent and 1.62 percent to close at 26.01 Yuan and 18.78 Yuan on the Shanghai Stock Exchange, respectively, on Wednesday.