Wednesday offered some slightly better trade for Chinese large caps as some of Tuesday's losers rebounded a bit today. China Eastern Air (NYSE:CEA) jumped 3.77% and Yanzhou Coal (NYSE:YZC) added 2.19%. Both names were big losers on Tuesday. Solar stocks showed some promise on Wednesday as well, with JA Solar (Nasdaq:JASO) and Yingli Green Energy (NYSE:YGE) both adding more than 3%. Not all solar names were in favor though, as LDK Solar (NYSE:LDK) lost almost 5%.
Once again, the online gaming sector was a mixed bag with Perfect World (Nasdaq:PWRD) gaining almost 6% and Netease.com (Nasdaq:NTES) adding 3.56%, but Changyou.com (Nasdaq:CYOU) lost almost 2% and Shanda Games (Nasdaq:GAME) lost more than 2%.
Despite the pop in Yanzhou Coal (NYSE:YZC), other commodities names slumped on Wednesday, led by an almost 6% decline for Silvercorp Metals (NYSE:SVM). Aluminum Corp. of China (NYSE:ACH) also lost nearly 2%.
China Real Estate Information (Nasdaq:CRIC) lost more than 5% on light volume and no news. Semiconductor Manufacturing (NYSE:SMI) lost 2.26% on no news flow and volume that was just about 25% of the daily average. Guangshen Railway (NYSE:GSH), Melco Crown Entertainment (Nasdaq:MPEL) New Oriental Education (NYSE:EDU) all lost more than 1.5% on Wednesday.
Once again, the small-cap landscape was littered with familiar names in both the winning and losing columns. Rino International (Nasdaq:RINO) added 2.3% after Tuesday's plunge. UTStarcom (Nasdaq:UTSI) gained 2.8% after a big loss on Tuesday, though volume was light today. Medical equipment stocks got a boost with Chindex International (Nasdaq:CHDX) adding 2%. Large-cap rival Mindray Medical (NYSE:MR) gained more than 1%.
China Information Security Technology (Nasdaq:CPBY) popped almost 3% on no news and light volume. China Nepstar Chain Drugstore (NYSE:NPD), a name that has been on the receiving end of plenty of bearish trade lately, actually booked a gain of almost 4% on Wednesday. Biotech names offered some refuge with China-Biotics (Nasdaq:CHBT) gaining almost 4%, but Sinovac Biotech (Nasdaq:SVA) led the way in this sector, soaring 5.23%.
Among small-cap losers, WSP Holdings (NYSE:WH) couldn't build on yesterday's gains, tumbling almost 11% today. China Architectural Engineering (Nasdaq:CAEI) also lost almost 11%, though volume was less than 25% of the daily average. After providing an update to the Nasdaq about its filing status, jewelry maker Fuqi International (Nasdaq:FUQI) slumped almost 10%. Tongxin International (Nasdaq:TXIC) continued its bearish ways, sliding 7.34% on volume that was nearly 50% above the daily average.
China Fire & Security (Nasdaq:CFSG) keeps on tumbling, losing another 6.33%. Noah Education (NYSE:NED), General Steel (NYSE:GSI) and Gushan Environmental (NYSE:GU) all lost more than 5%.