China will accelerate the development of its over-the-counter (OTC) stock market by first opening it to qualified high-tech firms and then expanding participation to other sectors, local media said on Tuesday.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, dropped 3.31 points, or 0.31 percent, to 1,067.29 Tuesday.
Chinese shares closed up Tuesday with the benchmark Shanghai Composite Index up 10.01 points, or 0.34 percent, to 2,919.14.
China's stock index futures closed mixed Monday with the contract for April, the most actively traded, down 0.14 percent from the previous trading day to 3,230.
Hong Kong stocks rose 384.99 points, or 1.73 percent, to close at 22,685.22 on Monday.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, dropped 13 points, or 1.20 percent, to 1,070.60 Monday.
Stocks on the Chinese mainland rose on Friday, as the Group of Seven nations intervened in the foreign exchange market to support Japan, and as reconstruction spending prospects lifted the profit outlook of metals companies.
Hong Kong stocks rose 15.80 points, or 0.07 percent, to close at 22,300.23 on Friday.
China's stock index futures closed up Friday with the contract for March, the most actively traded, up 0.55 percent from the previous trading day to 3,218.8.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, rose 5.23 points, or 0.48 percent, to 1,083.6 Friday.
Chinese shares closed slightly higher Friday with the benchmark Shanghai Composite Index up 9.59 points, or 0.33 percent, to 2,906.89.
Zijin Mining Group Co Ltd said on Thursday that its tax rate will rise 10 percent this year after the government canceled its status as a high-tech company, following a severe pollution incident last year.