Mumbai, Oct. 29 -- Chinese stocks ended lower on Thursday, with the Shanghai Composite falling 0.82% to 3,651.4 and the Shenzhen Component dropping 2.92% to 11,138.2. The decline reversed gains from the previous session as strong quarterly earnings from technology companies failed to lift investor confidence amid growing concerns over the global technology sector.

Technology stocks came under pressure despite strong sales and profit growth. AI chipmaker Moore Threads Technology fell as much as 13%, even after reporting an almost 1,800% annual increase in sales. Memory chipmaker Biwin Storage Technology dropped 14%, despite a profit increase of more than 500%.

The weakness followed a broader decline in global technology stocks after disa...