Shenzhen: The ChiNext Index, which tracks growth enterprises in China similar to the Nasdaq in the United States, witnessed a decrease of 0.69 percent, closing at 2,723.20 points on Wednesday.

According to Namibia Press Agency, the ChiNext Index, along with the Shenzhen Component Index and other indices, serves as a measure of stock performance on the Shenzhen Stock Exchange. This decline reflects the overall market sentiment and activity within the growth-oriented sector of the Chinese economy.