Chinese shares close higher Wednesday

BEIJING, Nov. 5 (Xinhua) -- Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 0.23 percent to 3,969.25 points.

The Shenzhen Component Index closed 0.37 percent higher at 13,223.56 points.

The combined turnover of these two indices stood at 1.87 trillion yuan (about 263.7 billion U.S. dollars) -- down from 1.92 trillion yuan on the previous trading day.

Shares related to power grid equipment led the gains, while those related to quantum technology and electronic design automation suffered major losses.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 1.03 percent to close at 3,166.23 points. ■