Beijing: Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 0.45 percent to 3,633.99 points. The Shenzhen Component Index also saw an increase of 0.64 percent, closing at 11,177.78 points.
According to Namibia Press Agency, the combined turnover of these two indices stood at about 1.73 trillion yuan (about 242.83 billion U.S. dollars), showing an increase from 1.6 trillion yuan on the previous trading day. Sectors such as robotics and the military industry led the gains, indicating a positive market trend for these areas, while stocks linked to traditional Chinese medicine and tourism experienced significant losses.
Furthermore, the ChiNext Index, which tracks China's Nasdaq-style board of growth enterprises, also saw an uptick, gaining 0.66 percent to close at 2,358.95 points on Wednesday.