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China's four biggest state-owned banks said Thursday they will continue implementing the differentiated housing loan policy.
The amount of non-performing loans among Chinese lenders will continue to rise in 2012 after picking up in the fourth quarter, said analysts.
NetQin Mobile Inc, the New York Stock Exchange-listed Chinese mobile-security company, expects to be first in the US smartphone security market in less than three years, CEO and Chairman Henry Lin said.
Most stocks on the Chinese mainland rose as growth in the manufacturing industry overshadowed concern the nation's tight monetary policies will restrict economic expansion.
In a rare comment on the trend of China's equity markets, Guo Shuqing, the nation's top securities regulator, said that there is great value in long-term investments.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rebounded 7.81 points, or 1.06 percent, to close at 743.15 points on Thursday.
Hong Kong stocks closed down 292.12 points, or 1.35 percent, at 21,387.96 on Thursday.
Chinese shares closed mixed Thursday with the benchmark Shanghai Composite Index down 2.37 points, or 0.10 percent, to finish at 2,426.12 points.
China's stock index futures closed lower Thursday, with the contract for March, the most actively traded, down 0.49 percent from the previous trading day to 2,639.0 points.
The Hong Kong Monetary Authority Wednesday announced that renminbi deposits in Hong Kong declined by 2.1 percent to 576 billion yuan ($91.43 billion) at the end of the month.
Bank of China Ltd formed a tie-up with the world's largest futures exchange operator on Wednesday, through which the two parties will explore yuan settlement and clearing opportunities for commodities.
Securities traders in China gained a commission of nearly 6 billion yuan in February, up 88% over January.
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