The ChiNext stock market was up Tuesday as 39 of the 62 stocks at China's start-up board for small and medium-sized enterprises rose.
Chinese equities closed lower on Tuesday, led by financial stocks and property developers.
China Telecom Corp, the country's biggest fixed-line carrier, reported full-year profit fell 34 percent, missing analysts' estimates, as the company increased spending to add mobile-phone users.
China Poly Real Estate Group Co, the country's second biggest property developer by market value, plans to raise up to 9.6 billion yuan ($1.4 billion) through a private placement of shares to fund expansion.
The ChiNext stock market closed up Monday as 43 of the 62 stocks at China's start-up board for small and medium-sized enterprises rose.
The Shenzhen Stock Exchange and its subsidiary Shenzhen Securities Information Co, Ltd launched a new index Monday, to track the performance of 300 selected stocks in 22 industries traded on the bourse's small and medium enterprise (SME) board.
Chinese equities closed slightly higher on Monday, with the benchmark Shanghai Composite Index rose 0.22 percent, or 6.83 points, to close at 3,074.58 points.
The upcoming margin trading pilot program, which allows securities companies to lend stocks and money to investors, is likely to bring about a total of 90 billion yuan to the A-share market in its initial stage, Securities Times reported Monday, citing research by Sinolink Securities.
Sunshine100 Real Estate Group, a Beijing-based property developer, has kicked off its IPO plan in Hong Kong, the company's chairman Yi Xiaodi said on Monday.
China's securities regulator announced Friday it approved six securities companies to pilot margin trading business.
Hong Kong stocks closed up 40. 15 points, or 0.19 percent, at 21,370.82 on Friday.
The ChiNext stock market fell Friday as only 26 of the 62 stocks at China's start-up board for small and medium-sized enterprises rose.