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China Life Insurance Co, the country's largest insurer, announced Tuesday that it has appointed Yang Mingsheng as its chairman.
China's stock market has great growth potential as small companies seek to raise funds.
The Supreme People's Court (SPC) on Tuesday revealed more details about the insider trading case that saw Chinese home appliance tycoon Huang Guangyu jailed in 2010.
Hong Kong stocks rose 116.83 points, or 0.62 percent, at 19,039.15 on Tuesday.
China's stock index futures closed higher Tuesday, with the contract for June, the most actively traded, up 1.06 percent from the previous trading day to 2,607.6 points.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 9.86 points, or 1.4 percent, to close at 714.66 points on Tuesday.
Securities issuers and lead underwriters can negotiate to decide an offering price and use other methods besides inquiry.
Chinese shares moved up for a second day on Tuesday, with the benchmark Shanghai Composite Index rising 1.07 percent, or 25.01 points, to close at 2373.31.
Hong Kong Exchange Fund posted an investment income of HK$43.8 billion ($5.64 billion) in the first quarter of this year despite the intensified eurozone debt crisis.
China will work to speed up approvals of qualified foreign institutional investors looking to buy into its domestic securities.
China's stock index futures opened higher on Tuesday, with the contract for settlement in June, the most actively traded, up 12.8 points, to open at 2,593.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, opened at 706.92 points on Tuesday, up 2.12 points from the previous close.
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