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China Construction Bank Corp (CCB), the world's second-largest lender by market value, has made a preliminary bid for control of PT Bank Maspion Indonesia, three people with knowledge of the matter said.
Chinese shares rose Thursday as tourism stocks climbed on expectations that the sector will see increased demand during the summer season.
Hong Kong stocks lost 188.53 points, or 0.95 percent, at 19,595.14 on Thursday.
China's stock index futures closed higher on Thursday with the contract for August, the most actively traded, up 2.28 percent from the previous day to 2,879.6 points.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 23.74 points, or 2.66 percent, to 915.49 on Thursday.
China's stocks close higher Thursday with the benchmark Shanghai Composite Index up 1.27 percent to close at 2,581.51.
New China Life, the country's third-largest life insurer, has filed with the Hong Kong stock exchange for a planned IPO of up to $4 billion in Hong Kong and Shanghai.
China's Guangfa Bank is waiting for a "good window" to launch its 35 billion yuan ($5.5 billion) dual-listing in Hong Kong and Shanghai.
The lowest developing-nation equity valuations since January 2009 are a sign that the MSCI Emerging Markets Index's worst tumble in three years is nearing an end, according to strategists at three of the world's biggest banks.
Bank of America Corp has held exploratory talks with the principal investment funds of Kuwait and Qatar about selling part of its stake in China Construction Bank.
Hong Kong stocks went down 464. 24 points, or 2.35 percent, to open at 19,319.43 on Thursday, tracking lost on Wall Street overnight.
Stocks on the Chinese mainland rebounded from a more than one-year low on speculation the government may delay interest-rate increases after Premier Wen Jiabao urged global cooperation to stabilize financial markets.
