The Shanghai Composite Index slid 0.78% to close at 2,684.778, while the Shenzhen Composite Index sunk 0.93% to close at 800.46 on Thursday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 51.45 billion and RMB 28.83 billion, respectively.
Shares of Beijing-based Bright Oceans Corporation (600289.SH), Fudan Forward Science and Technology Co. Ltd (600624.SH) and Tongji Science and Technology Industrial fell by 9.98 percent.
Medicine stocks faired better with Tibet Rhodiola Pharmaceutical (600211.SH), S&P Pharmaceutical (600869.SH), and Shandong Lukang Pharmaceutical (600789.SH) shares up 10.01%, 10.00% and 9.96%, respectively.