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The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 6.12 points, or 0.67 percent, to 913.28 on Friday.
China's stocks ended slightly lower Friday with the benchmark Shanghai Composite Index down 0.26 percent to close at 2,701.73.
Singapore Exchange hired a senior vice president to help tap the initial public offering (IPO) business potentials of Chinese firms, the exchange announced Friday
China's railway regulator has collected tens of billions of yuan in insurance premiums while insurance compensation has remained unchanged for decades.
Stocks on the Chinese mainland fell for the first time in three days as a drop in US durable-goods orders and a stalemate over the US debt limit boosted concerns global economic growth will falter.
Private lenders are charging up to 18 times the benchmark loan rate in Guangzhou, Guangdong province, with small and medium-sized enterprises (SMEs) finding it increasingly hard to get bank credit as a result of government tightening policies.
A top Chinese credit ratings agency has put two local government financing vehicles in the southwestern province of Yunnan on credit watch, the first such move since concerns mounted over potential defaults on local government debt.
Hong Kong stocks closed up 29.05 points, or 0.13 percent, at 22,570.74 on Thursday.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 3.85 points, or 0.42 percent, to 919.4 on Thursday.
China's stock index futures closed lower on Thursday with the contract for August, the most actively traded, down 0.25 percent from the previous day to 2,990.2 points.
China's stocks closed slightly lower Thursday with the benchmark Shanghai Composite Index down 0.54 percent to close at 2,708.78.
Chinese thermal power company Shanghai Electric Power plans to raise 9.5 billion yuan ($1,47 billion) via a private share placement, in a move to diversify its power business, the company said on Thursday.
