China's top poker maker has received a go-ahead from the securities regulator for its application for an initial public offering (IPO) on the smaller enterprise board, but the approval has triggered disputes among Chinese Internet users.
The value of Chinese currency renminbi (RMB), or the yuan, gained 22 basis points against the US dollar on Friday.
Stocks on the Chinese mainland rose on Thursday, following the biggest loss in two months.
China's top-performing fund manager is favoring resource and agriculture stocks, as the country's government intensifies its fight against the worst inflation in three years amid rising commodity prices.
While foreign investors hailed the 28.6 percent surge of Renren Inc at its trading debut on the New York Stock Exchange Wednesday, analysts and industry experts in China raised concerns of a possible risk to China's largest social networking site.
Hong Kong stocks fell 53.63 points, or 0.23 percent, to close at 23,261.61 on Thursday.
China's stock index futures closed lower Thursday with the contract for May, the most actively traded, down 0.4percent from the previous trading day to 3,120.4.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, rose 1.17 percent, or 10.61 points, to 914.59 Thursday.
Chinese shares closed slightly higher Thursday with the benchmark Shanghai Composite Index up 6.39 points, or 0.22 percent, to 2,872.40.
The value of Chinese currency renminbi (RMB), or the yuan, continued to weaken on Thursday after the record high of 6.4990 per US dollar set on April 29.
Sands China Ltd dropped the most in more than a month in Hong Kong trading after its Las Vegas-based parent reported first-quarter earnings that missed analysts' estimates.
Stocks on the Chinese mainland fell the most in two months after the government said taming inflation is "critical".