Chinese equities rose Friday as the central bank repeated its stance to continue implementing the moderately easy monetary policy, easing concerns about a tightening policy.
The ChiNext stock market went up Friday as 50 of the 54 stocks at China's start-up board for small and medium-sized enterprises rose.
Youngor, China's largest shirt company, said Friday it spent 561 million yuan ($82 million), at 18.7 yuan per share, on purchasing 30 million non-public offering A-shares issued by Shenzhen-listed Changsha Zoomlion.
The ChiNext went up Thursday as 43 of the 54 stocks at China's start-up board for small and medium-sized enterprises rose.
Chinese equities inched up Thursday as the newly-released January consumer price index, a main gauge to measure inflation, was lower than market expectation, sparking speculation that the central bank would delay interest rate increases.
China's Huatai Securities Co Ltd announced Thursday that its A-share IPO online lot winning rate tops 14.43 percent, a 12-year record high.
China's stocks rose, driving the benchmark index to its biggest gain in a week, as commodity producers and automakers rose after raw material prices rallied and the nation's car sales more than doubled last month.
Hong Kong stocks rose 131.94 points, or 0.67 percent, to close at 19,922.22 on Wednesday.
Chinese equities rose Wednesday after the country's central bank governor said it was not the right time to raise interest rates in short term, easing concern about a tightening policy.
Chinese regulators have finalized high thresholds for potential investors trading the country's first stock index futures, effectively confining them to institutions and wealthy individuals initially to curb risks.
China's stocks rose for the first time in four days as a rally in raw material prices and speculation January lending surged spurred gains by commodity producers and financial companies.
Copper rose 1 percent in London and Shanghai yesterday, reversing early losses to build on the previous session's gains, but the temptation to pick up metal 15 percent off recent highs was tempered by worries of a fresh downward leg.