The Shenzhen Component Index headed lower by 0.6 per cent to 10,733.57. The Shenzhen Composite fell 0.3 per cent to 2,067.17. The Nasdaq-style ChiNext Price Index lost 0.9 per cent to 2,157.49.

“A case of pre-FOMC (Federal Open Market Committee) and US election jitters gripped cross-asset markets overnight, dampening market enthusiasm and ensnaring trading desks with a severe case of the fidgets, ” said Stephen Innes, a senior trader at Oanda Asia-Pacific, in a note on Wednesday.

“We have been saying all along: the market has been itching to sell risk in the pre-election build up,” he added.

South China Morning Post

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