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The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 5.7 points, or 0.82 percent, to close at 699.31 points on Thursday.
Industrial and Commercial Bank of China's Shanghai outlets have stopped issuing mortgage loans with 15 percent discounts and have reverted to benchmark rates.
Chinese shares closed higher for the second trading day on Thursday, with the benchmark Shanghai Composite Index up 1.64 points, or 0.07 percent, to 2,440.08.
China UnionPay Co Ltd, the country's largest bank card payment processor, said Wednesday its home interbank transactions grew robustly during this year's Labor Day holiday, which lasted from April 29 to May 1.
Temasek Holdings Pte Ltd is selling about $1.2 billion worth of shares in both Bank of China Ltd and China Construction Bank Corp in Hong Kong.
China's stock index futures opened lower on Thursday, with the contract for settlement in May, the most actively traded, opening at 2,685, down 4.6 points.
China's sovereign wealth fund launched a mutual fund with a national investment company from Belgium to help Chinese companies boost investments there.
Challenging times often provide the best opportunities for a company to stand out, and now is the best time for J.P. Morgan to strengthen ties with clients.
China plans to establish a system that will efficiently help with the transfer and continuation of workers' social security accounts after they change workplaces.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, opened at 693.4 points on Thursday, down 0.21 points, or 0.03 percent from the previous close.
Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.2 percent to open at 2,433.59.
The stock market rose on Wednesday after important regulatory changes were announced during the May Day holiday that resulted in lower trading fees.
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