ELECTRONICS stocks were the big losers, while China stocks attracted a lot of attention in trading yesterday. The All Ordinaries index dropped 1.78 per cent to close 92.90 points lower at 5,128.18. East Asiatic Hong Kong suffered the biggest loss of the day, dropping 7.8 per cent to $2.375. The company is building a milk powder factory in Shanghai and produces other dairy foods in China. Toy maker and property developer Applied International was the second worst performing counter, dropping 7.7 per cent to $3.30. The company manufactures toys, electronic products and educational aids in addition to developing property on the mainland. Electronics company Tomei lost 5.1 per cent to close at $1.49. The group was founded in 1974 to distribute capacitors and other electronic components, and now manufactures in Malaysia and Indonesia. Tomei, which is involved in a merger battle with Yanion, is 12.5 per cent owned by Semi-Tech. Kin Son Electric dropped 5.1 per cent to 28 cents. Its core business is manufacturing LCD electronic watch modules, cameras, and radios. Paliburg International closed 5 cents lower at $6.85 after being heavily traded over the past few weeks. On Wednesday Paliburg announced it would take a 50 per cent stake worth $877.5 million in a joint-venture company to build electric power plants in Wuhan. The deal also gives Paliburg the right to acquire an additional five per cent interest in the company within two years. It gives the company six power plants and factories which would generate an annual profit of $390 million for five years. Property group SEA Holdings remained at $6.15 after it announced it would buy a 22-storey building in Wan Chai. The building will cost SEA $605.4 million. Tak Wing Investment moved up to $2.175 from $2.125. It recently was awarded a $180 million maintenance contract by the Hong Kong Housing Authority, which covers sites in Chai Wan, Lam Tin, and Junk Bay. The best performing stock was Golden Power, which closed 11.65 per cent up at $1.15, while Magnificent Holdings jumped 11.11 per cent to 35 cents. The property company, controlled by Shun Ho, was the second best performing stock of the day. Chi Cheung Investments jumped 8.7 per cent to $4.675, ranking as the third best performing stock yesterday. Earlier this month the company announced it would pay $26.3 million for a 50 per cent stake in Pacific South Holdings, whose sole asset is a $16.4 million deposit paid for an office floor in 9 Queens Road Central. Rising property values have bolstered the stock. Seaunion Holdings gained 7.8 per cent to close at 23.6 cents. Poly Investment Holdings was the fifth best performing stock, edging up 7.7 per cent to 70 cents. The property company is majority owned by Continental Mariner. Shougang Grand, a China back-door listing, gained 6.7 per cent to close at $2.775. Formerly known as Kader Investments, the company came under the control of the Shougang Group last year.