Chinese shares close higher Wednesday-Xinhua

Chinese shares close higher Wednesday

Source: Xinhua

Editor: huaxia

2026-05-06 16:37:15

This photo taken on Oct. 8, 2024 shows the Shenzhen Stock Exchange in Shenzhen, south China's Guangdong Province. (Xinhua/Liang Xu)

BEIJING, May 6 (Xinhua) -- Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 1.17 percent to 4,160.17 points.

The Shenzhen Component Index closed 2.33 percent higher at 15,459.62 points.

The combined turnover of the two indices totaled 3.23 trillion yuan (about 470.64 billion U.S. dollars), up from 2.74 trillion yuan on the latest trading day before the May Day holiday.

Most stocks rose, with storage chip, semiconductor and computing power leasing sectors leading the gains, while oil and gas, tourism, banking and liquor shares were among the biggest losers.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 2.75 percent to close at 3,778.16 points Wednesday.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 3.75 percent higher at 2,023.66 points on Wednesday. 

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