China stocks barely moved on Wednesday, consolidating recent gains with lower-valuation targets in banking and properties sectors still preferred by investors, Reuters reported. The blue-chip CSI300 index rose 0.2 percent, to 3,474.73 points , while the Shanghai Composite Index lost 0.2 percent to 3,241.14 points. Both indexes hit their highest levels since early January, and are in a technical upward trend, having broken out of a trading range that lasted for eight months. China's property sector closed 1.3 percent higher, on news that China Evergrande Group had bought another 551.96 million Shenzhen-traded Vanke shares in recent months, doubling its stake in the developer to 10 percent.