British retail giant Tesco PLC will open 16 energy-efficient stores in China in 2012.
China's Ministry of Commerce said it has allowed trial operation of wholly Hong Kong-owned and Macao-owned grain traders in Guangdong province.
Hong Kong stocks fell 68.26 points, or 0.33 percent, to close at 20,741.45 on Friday.
China Minsheng Banking Corp Ltd announced that its net profit surged 47.7 percent to 9.17 billion yuan in the first quarter of this year.
A consortium of New Zealand interests is taking fresh legal action to stop the sale of 16 North Island dairy farms to a Chinese company.
The Chinese and Russian navies announced on Friday the conclusion of a six-day joint naval exercise.
Sinopec Corp, Asia's largest oil refiner, said Thursday that its net profit slumped 35.04 percent year on year to 13.41 billion yuan.
Chinese authorities will mount a three-month campaign to crack down on the production and distribution of illegal publications.
A property developer in Huaxian, Henan province hired a group of women to carry its billboards around the city's downtown area, in a move to spur home sales.
A solar halo occurs in the sky above Huangshan Mountain, East China's Anhui province, April 27, 2012.
The number of China's ports with a handling capacity of over 100-million-tons reached 26 by the end of 2011.