Chinese shares fell 0.94 percent on Wednesday on profit-taking, erasing gains on Tuesday. The decline also followed an overnight drop on Wall Street.

The Shanghai Composite Index fell 0.94 percent, or 25.27 points, to close at 2,651.41.

The Shenzhen Component Index went down 0.53 percent, or 55.22 points, to 10,369.14.

Combined turnover contracted to 214.60 billion yuan (US$31.56 billion) from 227.97 billion yuan on the previous trading day.

(Xinhua News Agency May 20, 2009)