(Yicai Global) Nov. 30 -- China’s mainland equity markets closed mixed today after the banking sector’s early gains evaporated.

The Shanghai Composite Index finished down 0.49 percent at 3,391.76; the Shenzhen Component Index dipped 0.15 percent to 13,670.11, while the ChiNext, which tracks growth enterprises listed in Shenzhen, rose 0.49 percent to 2,631.89.

Security solution providers, nonferrous metals firms and insurers were the market’s biggest gainers, while liquor makers, mining service providers and household appliance manufacturers fell the most.

Bank stocks generally retreated in the afternoon session after making gains following the release of a Bank of China report. The report predicted annual profit at the nation’s lenders to rise between 2 percent and 3 percent next year after a 7 percent decline in 2020 due to the global pandemic, according to Reuters.

Editor: Kim Taylor