Chinese shares close higher Wednesday

Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 0.67 percent to 4,242.57 points.

The Shenzhen Component Index closed 1.67 percent higher at 16,089.75 points.

The combined turnover of these two indices totaled 3.24 trillion yuan (about 473.5 billion U.S. dollars), marking the sixth consecutive trading day with turnover exceeding 3 trillion yuan.

The computing power and power grid sectors led the gains, while the pork industry posted the biggest declines.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 2.63 percent to close at 4,038.33 points.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 1.97 percent higher at 2,150.27 points.

Chinese shares close higher Wednesday

Myanmar exported 305,821 tons of rice and broken rice in the first two months of the current fiscal year 2026-27, which began in April, according to the Myanmar Rice Federation on Sunday.

The Southeast Asian country earned about 93 million U.S. dollars from the exports during the period, the federation said.

According to the federation's data, rice exports in April and May this fiscal year were lower than the over 400,000 tons exported during the same period last fiscal year.

Myanmar exports over 300,000 tons of rice in beginning of FY2026-27