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The
CSI300 index of the largest listed companies in Shanghai and
Shenzhen fell 0.9 percent, to 3,831.85 points.
The Shanghai Composite Index also lost 0.9 percent, to 3,661.99.
Investors want to see China's July trade data, to be released on
Saturday, while they watch out for new government policy linking
to economic and infrastructure-related area.
Chinese banks' non-performing loans rose to 1.8 trillion yuan
($289.92 billion) at the end of June, up 35.7 percent from a
year earlier, according to the chairman of China Banking
Regulatory Commission (CBRC).
In recent weeks, Beijing has rolled out an unprecedented series
of support measures, including cajoling Chinese brokerages and
pension funds to buy stocks and cracking down on short-selling.
Goldman Sachs estimates China's "national team" tasked with
rescuing the domestic stock market has spent 860 billion-900
billion yuan ($139 billion - $145 billion) so far.
Among the most active stocks in Shanghai was China Shipbuilding
Industry, up 2.6 percent at 13.89 yuan, and SDIC Xinji Energy,
down 4.1 percent at 13.69 yuan.
Among the most traded in Shenzhen, Wanxiang Qianchao rose 10
percent to 20.5 yuan, and BYD Co Ltd was up 10 percent at 65.4
yuan.
(Reporting by Donny Kwok; Editing by Richard Borsuk)
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