BEIJING - Chinese stocks closed lower on Wednesday, with the benchmark Shanghai Composite Index down 1.43 percent, at 3,355.35 points.

The Shenzhen Component Index closed 1.25 percent lower at 12,811.33 points.

Turnover of stocks covered by the two indices stood at about 1.09 trillion yuan ($162.1 billion), down from 1.18 trillion yuan on the previous trading day.

Stocks in the semiconductor, auto parts manufacturing and garment sectors led the gains, while those related to coal, oil and gas extraction and tourism were among the biggest losers.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.79 percent to close at 2,802.72 points.