China market falls from two month peak

The Mainland China stocks ended lower on Wednesday, 28 October 2015, as investors withdrew some profit off the table after Tuesday's two-month high amid caution ahead of the U.S. Federal Reserve's policy decision later in the day. Meanwhile, continued worry about profit pressures on banks and U.S.-China tensions surrounding naval patrols in the South China Sea also weighed on risk sentiments. All industry groups declined with technology and health-care issues being major losers.

The Shanghai Composite Index retreated 1.72%, or 59.14 points, to close at 3375.20 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, slumped 2.22%, or 45.40 points, to 1998.38. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, sank 3.07%, or 78.72 points, to close at 2485.24.

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