Hong Kong stocks close 1.7% higher
Hong Kong stocks rose 391.07 points, or 1.7 percent, to close at 23,451.43 on Wednesday.
China stocks close lower Wednesday
Chinese shares closed lower Wednesday with the benchmark Shanghai Composite Index down 2.31 points, or 0.08 percent, to 2,955.77.
Citic shares advance on news of IPO plan in Hong Kong
Shares of Citic Securities Co Ltd jumped 1.71 percent at the close of trading on Tuesday. The advance came after China's biggest listed brokerage unveiled its roughly $2.7 billion Hong Kong IPO plan, potentially boosting the company's global competitiveness.
China's yuan advances against USD Wednesday
The Chinese currency, or the yuan, on Wednesday gained 39 basis points to 6.5586 per US dollar from Tuesday.
Possible rates hike hits equities
Stocks on the Chinese mainland fell on Tuesday, dragging the benchmark index down for the first time in three days. The retreat came as investors speculated that the government will raise borrowing costs to cool inflation.
HK stocks close 0.03% lower
Hong Kong stocks fell 7.83 points, or 0.03 percent, to close at 23,060.36 on Tuesday.
China stock index futures close down
China's stock index futures closed lower Tuesday with the contract for April, the most actively traded, down 0.94 percent from the previous trading day to 3,273.8.
ChiNext Index closes down
The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, fell 33.07 points, or 3.14percent, to 1,019.04 Tuesday.
China stocks close lower Tuesday
Chinese shares closed lower Tuesday with the benchmark Shanghai Composite Index down 25.93 points, or 0.87 percent, to 2,958.08.
Listed companies' profits increase 35% in 2010
The gross operating revenue for 1,039 A-share listed companies last year came to 9.28 trillion yuan – an increase of 35.05 percent from a year ago, China Securities Journal reported Tuesday.
China to lead stock advances
Chinese stocks and energy companies are expected to lead advances by Asian equities this year. That's according to a survey of participants at a Credit Suisse Group AG investor conference in Hong Kong last week.
Market rises after higher profit reports
Stocks on the Chinese mainland advanced for a second day after companies from Yanzhou Coal Mining Co to China Minsheng Banking Corp reported higher profit.