Big News Network.com

<figure class="image"><figure><img src="https://cdn.bignewsnetwork.com/xih1729080938.jpg" width="100%" /><figcaption style="font-size:14px;color:grey;">&copy; Provided by Xinhua </figcaption></img><figcaption>This file photo shows the Shenzhen Stock Exchange in Shenzhen, south China's Guangdong Province. (Xinhua/Mao Siqian)</figcaption></figure>BEIJING, Oct. 16 (Xinhua) -- Chinese stocks closed mixed on Wednesday, with the benchmark Shanghai Composite Index up 0.05 percent to 3,202.95 points.The Shenzhen Component Index closed 1.01 percent lower at 9,965.02 points.The combined turnover of the Shanghai and Shenzhen bourses reached almost 1.38 trillion yuan (about 193.2 billion U.S. dollars), down from 1.63 trillion yuan recorded on the previous trading day.Stocks in the precious metals sector led the gains, while those related to the shipbuilding and internet e-commerce sectors suffered significant losses.The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 2.21 percent to close at 2,039.95 points.

Update: Chinese shares close mixed Wednesday