Mainland stocks dropped for the first time in four days, led by developers and raw-material producers, on concern the government will raise borrowing costs and curb lending to prevent the economy from overheating.
Rio Tinto Plc's copper unit chief said it's "hard to imagine" a decline in prices for the metal as limited supplies from mines exacerbate a shortage next year.
Chinese developer Country Garden has hired JPMorgan and Goldman Sachs to manage a planned benchmark-sized, seven-year dollar bond sale, a source close to the deal said.
Hong Kong stocks closed up 391. 77 points, or 1.82 percent, at 21,928.77 on Wednesday.
The State-owned Agricultural Bank of China (ABC) kicked off its initial public offerings (IPO) procedure on April 7, with 21 underwriters reporting their preliminary underwriting schemes to the bank, caijing.com.cn reported Wednesday.
Chinese equities close down Wednesday led by property developers and banks.
The ChiNext Index edged up Wednesday as only four of the 66 stocks at China's start-up board for small and medium-sized enterprises dipped.
Chinese stock market punters are no doubt overjoyed to see index futures and other derivative products added to their box of investment tools, but riskier avenues heighten the perils of losing money as well as making it.
Chinese equities close mixed Tuesday with property developers suffering the most losses.
The ChiNext market edged up Tuesday as 65 of the 66 stocks at China's start-up board for small and medium-sized enterprises rose.
China Vanke Co, the nation's largest real estate developer, plans to increase a $300 million loan being organized by Bank of China Ltd by as much as $200 million, according to two people familiar with the matter.
China's stocks are set to extend gains after the benchmark Shanghai Composite Index breached its 100-day moving average last week, according to DMG & Partners Securities Pte.