The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, rose 16.75 points, or 1.71 percent, to close at 995.74 Wednesday.
Chinese stocks closed higher Wednesday with the benchmark Shanghai Composite Index up 1.17 percent, or 31.38 points, to 2,708.81 points.
Five companies in China's western city of Chongqing plan public listings this year, the Shanghai Securities News reported on Tuesday, citing local government officials.
The China Securities Regulatory Commission issued a draft regulation for foreign investors under the Qualified Foreign Institutional Investors program to trade stock index futures in a move to further open the country's financial market.
Hong Kong stocks fell 12.95 points, or 0.05 percent, to close at 23,788.83 on Tuesday.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, fell 15.97 points, or 1.61 percent, to close at 979 Tuesday.
China's stock index futures closed down Tuesday with the contract for February, the most actively traded, shrank 0.52 percent from the previous trading day to end at 2,960 points.
Chinese stocks closed lower Tuesday with the benchmark Shanghai Composite Index down 0.68 percent, or 18.29 points, to 2,677.43 points.
China's private equity fund Yun Feng Capital has raised about 10 billion yuan ($1.52 billion) through two funds to invest in Internet, consumer and new energy firms in China, its chairman David Yu said.
The central parity rate of yuan, the Chinese currency, Tuesday gained 2 points to 6.5881 against the US dollar, according to the China Foreign Exchange Trading System.
Chinese companies have raised over three times more from bonds than from equities so far this year. The figures indicate a record start for the debt market as government efforts to restrain inflation curbed access to loans and the stock market.
Hong Kong stocks closed down 75.08 points, or 0.31 percent, at 23,801.78 on Monday.