Chinese shares close higher Friday-Xinhua

Chinese shares close higher Friday

Source: Xinhua

Editor: huaxia

2026-10-23 16:52:15

This file photo shows an exterior view of the Shanghai Stock Exchange in Shanghai, east China. (Xinhua)

BEIJING, Oct. 23 (Xinhua) -- Chinese stocks closed higher on Friday, with the benchmark Shanghai Composite Index up 0.89 percent to 3,690.48 points.

The Shenzhen Component Index closed 2.79 percent higher at 11,673.83 points.

Turnover of stocks covered by these two indices totaled about 1.96 trillion yuan (around 291.75 billion U.S. dollars), up from 1.53 trillion yuan on the previous trading day.

Shares in robotics and non-bank financial companies led the gains, while electric power and banking stocks were among the biggest losers.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 4.16 percent to close at 2,684.10 points on Friday.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 3.68 percent higher on Friday at 1,606.48 points.  ■

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