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Chinese shares close higher Wednesday

China

China

China

Chinese shares close higher Wednesday

2026-04-08 17:26 Last Updated At:04-09 12:44

Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 2.70 percent to 3,995.00 points.

The Shenzhen Component Index closed 4.79 percent higher at 14,042.50 points.

The combined turnover of the two indices totaled 2.43 trillion yuan (about 353.8 billion U.S. dollars), expanding from 1.61 trillion yuan on the previous trading day.

Precious metals, AI applications, computing hardware and semiconductor chips led the gains, while oil, gas, coal and pharmaceutical retail bucked the trend and fell.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 5.91 percent to close at 3,347.61 points.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 5.64 percent higher at 1,738.35 points.

Chinese shares close higher Wednesday

Chinese shares close higher Wednesday

Chinese shares close higher Wednesday

Chinese shares close higher Wednesday

The Chinese mainland is willing to engage in consultations with relevant parties in Taiwan on reunification under certain legal guarantees, said Chen Binhua, a spokesperson for the State Council Taiwan Affairs Office, at a press briefing in Beijing on Wednesday.

Formosa Alliance, a group in Taiwan known for its radical pro-separatism stance, has issued an open letter, expressing willingness to adjust its stance and participate in cross-Strait reunification negotiations on the condition of the "people in Taiwan governing Taiwan and a high degree of autonomy" being guaranteed by clear legal commitments.

When asked for his comment, Chen reiterated the mainland's consistent position that cross-Strait unification is inevitable.

"The two sides of the Taiwan Strait will eventually and definitely achieve reunification. We are willing to, on the shared political foundation of upholding the '1992 Consensus' and opposing 'Taiwan separatism', engage in dialogue and consultation with all political parties, groups, sectors and social strata in Taiwan regarding the development of cross-Strait relations and the future of the nation, and jointly promote the process of national reunification," he said.

Mainland open to consultations on reunification with Taiwan: spokesman

Mainland open to consultations on reunification with Taiwan: spokesman

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