Chinese shares close higher Wednesday GMT 08:27 2013 Wednesday, 27 February Last Updated: 09:07:40 GMT Beijing - XINHUA Chinese shares closed higher on Wednesday, as the benchmark Shanghai Composite Index increased 0.87 percent, or 19.88 points, to 2,313.22. The Shenzhen Component Index gained 1.36 percent, or 125.20 points, to 9,333.24.