Hong Kong stocks ended 1.03 percent higher Friday, with gains led by China Unicom after a broker upgrade on optimism for the fourth-quarter profit.
The ChiNext market went down on Friday as only 22 of the 58 stocks at China's start-up board for small and medium-sized enterprises gained.
Chinese shares slid on Friday after rising for two consecutive days and hitting a one-month high Thursday, with the benchmark Shanghai Composite Index down 0.28 percent.
Copper ticked lower yesterday, reversing earlier gains, as uncertainties about an economic recovery and a rebounding dollar weighed.
Mainland stocks advanced, driving the benchmark index to its highest in a month, after the government said it will extend support for the country's industries amid weak global demand.
Initial public offerings by Chinese companies in the US are suffering their longest slump since at least 2004 after providing twice the return of American IPOs over the past five years.
Chinese shares rallied for the second day on Thursday, pushing up the benchmark index to a one-month high, after the State Council said Wednesday it would step up efforts to adjust and reinvigorate some of the country's key industries.
Bank of China (BOC) is about to issue H shares to raise 50 billion yuan, the National Business Daily reported on Thursday.
US buyout giant Carlyle Group will partner with Shanghai Fosun High Technology (Group) Co Ltd to create a yuan-denominated fund that will focus its investments on rapidly expanding companies in China.
Base metals will rally this year as funds are set to maintain their buy-side bias, while strong Chinese growth will overshadow lackluster growth in mature economies, according to Natixis.
Hainan Airlines Co, China's fourth-largest carrier, said on Thursday that it had completed a private placement of 595 million new shares worth 3 billion yuan.
China's leading construction material manufacturer, BBMG Corporation, said yesterday it plans to pay about $74 million to Lafarge China Overseas Holding Co Ltd to purchase shares in two cement makers and one concrete company.