The ChiNext Index, launched by the Shenzhen Stock Exchange Tuesday, was up 1.28 points, or 0.13 percent, to close at 998.39 points in Thursday's trading.
China's stock index futures declined Thursday with the contract for June, the most actively traded, down 0.51 percent from the previous trading day to end at 2,748.0 points.
Chinese shares fell Thursday, as profit taking in the late afternoon trading dragged down earlier gains led by software and healthcare shares.
China's stocks rose for the first time in four days as developers and brokerages gained on speculation recent losses were excessive, overshadowing declines among lenders.
Rubber declined for a second day as a slowdown in China's car sales stoked concern that demand may drop from the biggest consumer of the commodity used in tires.
China's Ministry of Finance (MOF) Wednesday announced it would float a batch of three-year book-entry treasury bonds Thursday, with a total par value of 28 billion yuan ($4.1 billion).
Hong Kong stocks edged down 25.15 points, or 0.13 percent, to close at 19,471.80 on Wednesday. Turnover totaled at HK$55.3 billion ($7.09 billion), up from Tuesday's HK$49.52 billion ($6.36 billion).
The ChiNext Index, just launched by the Shenzhen Stock Exchange Tuesday, was up 23.89 points, or 2.45 percent, to close at 977.12 points in Wednesday's trading.
China's stock index futures rose Wednesday with the contract for June, the most actively traded, up 0.57 percent from the previous trading day to end at 2,776.4 points.
Chinese shares edged slightly higher Wednesday, ending losses in previous three trading days.
China's money-market rate rose to a 19-month high as Bank of China Ltd started selling convertible bonds today, boosting demand for capital in the financial system.