Chinese equities closed higher Monday with the benchmark Shanghai Composite Index on the Shanghai Stock Exchange closing at 3,052.98 points, up 0.72 percent, or 21.92 points.
Chinese companies are becoming more cautious about listing publicly in the light of the economic downturn, according to a recent report released by leading accounting firm Grant Thornton International.
China's stocks aren't a bubble and will gain by the end of the year as the government takes measures to prevent the economy from overheating, said Bob Doll, BlackRock Inc's chief investment officer for global equities.
Ningbo Port Co Ltd is expected to list its stock in Shanghai at the end of the second quarter of this year, the company's chairman said on Friday.
The ChiNext stock market went up Friday as 39 of the 58 stocks at China's start-up board for small and medium-sized enterprises gained.
Chinese equities advanced Friday after the biggest daily fall in five weeks Thursday, as brokerages rallied on expectation of stock index futures trading.
China Financial Futures Exchange will introduce mini-sized contracts for stock index futures to rope in more retail investors after the smooth launch of the new financial instrument, Zhu Yuchen, the general manager of the bourse, said on Thursday.
Chinese authorities are making policies that would give overseas investors access to China's stock index futures trading, said a senior trader in Beijing Thursday.
The mainland's stocks fell the most in five weeks, the steepest decline among global indexes, on concern bank lending may slow and interest rates will rise as inflation accelerates. [Full Story]
China's stock index futures trade is expected to begin in mid-April, preceded by a pilot program for margin trading and short selling of shares, official media quoted China's top securities regulator as saying.
The ChiNext stock market went down Thursday as only 5 of the 58 stocks at China's start-up board for small and medium-sized enterprises gained.
Chinese equities dropped more than 2 percent Thursday, as investors stayed on sidelines to wait for clues of economic policies from China's annual parliamentary meetings due to open Friday.