Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 0.05 percent to 4,085.77 points.
The Shenzhen Component Index closed 0.06 percent higher at 14,030.56 points.
The combined turnover of these two indices totaled 2.85 trillion yuan (about 406 billion U.S. dollars), up from 2.83 trillion yuan on the previous trading day.
Stocks related to commercial spaceflight, coal and semiconductor led the gains, while those related to brain-computer interfaces experienced declines.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 0.31 percent to close at 3,329.69 points.
The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 1.53 percent higher at 1,746.72 points.
Chinese shares close higher Wednesday
China supports enterprises in conducting cross-border operations and international technological cooperation in accordance with the law, a commerce ministry spokesman said at a press briefing in Beijing on Thursday.
He Yadong, spokesman for the Ministry of Commerce, was speaking in response to the review of Meta's acquisition of Manus, a Chinese-founded artificial intelligence platform.
"The Chinese government has always supported firms in engaging in overseas operations and international technological cooperation in accordance with laws and regulations for mutual benefit and win-win outcomes. However, it is important that enterprises involved in outbound investment, technology exports, cross-border data transfers and overseas mergers and acquisitions must comply with Chinese laws and regulations and complete all statutory procedures. The Ministry of Commerce, together with relevant authorities, will carry out a thorough assessment of the acquisition to ensure it aligns with laws and regulations concerning export controls, technology import and export, and outbound investment," the spokesman said.
Enterprises must comply with Chinese laws in outbound investment: spokesman
