Chinese equities dived 2.36 percent Friday, led by declining heavy weights.
Environment-related stocks rose in morning trade Friday on China's firm target to curb greenhouse gas emissions, despite an overall drop at the two main stock exchanges.
After a string of emerging countries began to target the flow of short-term speculative capital, many experts believe China will step up its efforts to control the flow of so-called hot money.
Shou Zhenwei, a 28-year-old State-owned company employee in Beijing, paid 1.4 million yuan ($205,000) for a two-bedroom apartment this month, realizing a long-cherished dream.
Chinese banks are expected to become an important source of capital financing for airplane purchases globally in the coming years as they fill a void left by the exit of many US and European banks, a Boeing executive said yesterday.
Hong Kong stocks retreated 765.28 points, or 3.45 percent to finish Friday's morning session at 21,445.13.
China's central government said Thursday it is to join local governments and private investors in a pilot program to facilitate venture capital funds for innovative and high-technology industries, and industrial restructuring.
China Minsheng Banking Corp fell 3.08 percent in its Hong Kong debut on Thursday after raising approximately HK$30 billion in the city's biggest initial public offering since April 2007.
Shanda Interactive Entertainment Ltd is acquiring video website Ku6.com, in an effort to expand its market share in the interactive entertainment segment.
Fidelity International's Anthony Bolton, one of the UK's best known and top performing asset managers, said he plans to return to managing money next year, with a focus on the increasingly important China market.
While developed countries are busy shutting down incinerators, Chinese governors seem to see burning rubbish as the last resort in a losing battle.
Early this year, famed comedian Zhao Benshan spent 550,000 yuan on the an 18-day China Enterprise CEO course at the Beijing's Cheung Kong Graduate School of Business, arousing great public interest about wealthy people's lives and spending.
| Name | Value | Change | Time |
| Shanghai | +0.06% | Mon | 3,109.57 |
| Shenzhen | -0.22% | Mon | 12,815.26 |
| HSI | +1.71% | Mon | 22,589.73 |
| NIKKEI | +0.77% | Mon | 10,362.62 |
| Dow | -0.18% | Fri | 9,972.18 |
| Nasdaq | -0.50% | Fri | 2,157.47 |
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