BEIJING, July 11 (Xinhua) -- Chinese shares slipped Wednesday, reversing a three-day gaining streak, as the latest adjustment of a market that witnessed constant fluctuations during the past month.
Major stock indices went down significantly since opening. The benchmark Shanghai Composite Index lost 1.76 percent to finish at 2,777.77 points, while the Shenzhen Component Index closed 1.97 percent lower at 9,023.82 points.
Trading remained thin. Total turnover on the Shanghai and Shenzhen stock exchanges stood at 341.11 billion yuan (around 50 billion U.S. dollars), about the same as the previous trading day.
Excluding stocks in suspension, most of the 3,000-plus public companies saw falling share prices. Motorbike production, coal mining and electronic information were among the biggest losers.
The ChiNext Index, China's NASDAQ-style board of growth enterprises, lost 1.88 percent to close at 1,563.01 points.