It was beyond investors' expectations when the price of Chinese painting Huang He Pao Xiao rose 621 percent in the first month after it was "listed", stealing the limelight from the soaring prices of recently listed stocks on the A-share market.
The draft of core rules of the international board and related technical preparations are almost complete, Economic Information reported Friday, quoting members of the Chinese People's Political Consultative Conference (CPPCC).
Hong Kong stocks closed up 286.44 points, or 1.24 percent, at 23,408.86 on Friday.
China's stock index futures closed higher Friday with the contract for March, the most actively traded, up 1.59 percent from the previous trading day to end at 3,288.6 points.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, gained 7.55 points, or 0.71 percent, to close at 1,071.86 Friday.
Chinese shares closed higher Friday with the benchmark Shanghai Composite Index up 39.33 points, or 1.35 percent, to end at 2,942.31, the highest close since mid-November.
China International Capital Corp (CICC), China's largest joint-venture investment bank, is in talks with a few overseas companies planning to list shares on the A-share market, Li Jiange, CICC's president told China Daily on Friday.
Stocks on the Chinese mainland fell on Thursday, driving down the benchmark index by the most in a week, on concern higher material prices will fuel inflation and the government's tightening policies are slowing the world's second-biggest economy.
The Chinese currency renminbi (RMB), or the yuan, on Friday strengthened to an all-time high of 6.5671 per US dollar, according to the China Foreign Exchange Trading System.
Hong Kong stocks closed up 73.76 points, or 0.32 percent, at 23,122.42 on Thursday.
China's stock index futures closed lower Thursday with the contract for March, the most actively traded, down 0.6 percent from the previous trading day to end at 3,223.6 points.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, fell 24.59 points, or 2.26 percent, to close at 1,064.31 Thursday.