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Like many other recently listed companies, People.cn received an enthusiastic welcome from investors.
The Export-Import Bank of China has planned to invest in two mega-projects in Cambodia, the bank's vice president Zhu Xinqiang on Friday.
China's securities regulator on Friday approved the trading of silver futures contracts on the Shanghai Futures Exchange.
China's central bank has restarted bill repurchase to inject cash to banks, reversing normal practice for this to happen ahead of holidays.
China welcomes the positive stance by the US Federal Reserve toward applications from its major State-owned banks for mergers or setting up new branches in the US.
China's benchmark money-market rate rose this week on speculation cash at banks will decline in May as fewer central bank bills mature.
China agreed to let foreign banks raise their stake in domestic securities firms to as much as 49 percent in a move that may strengthen the nation's capital markets.
Chinese lenders may see a drop of 50 percent in profit growth this year as earnings from net interest margin shrink and fee income growth slows.
China's Ministry of Finance (MOF) announced Friday that it will issue two batches of electronic savings bonds worth up to 30 billion yuan ($4.78 billion).
Hong Kong stocks lost 163.53 points, or 0.77 percent, to close at 21,086.00 on Friday.
China on Friday issued a draft proposal on agricultural insurance regulations to solicit public opinion and promote the sound development of agricultural insurance, according to a circular published by the Legislative Affairs Office of the State Council (LAOSC).
China's stock index futures closed higher Friday, with the contract for May, the most actively traded, up 0.88 percent from the previous trading day to 2,717.2 points.