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China's securities regulator announced Friday it approved six securities companies to pilot margin trading business.
Hong Kong stocks closed up 40. 15 points, or 0.19 percent, at 21,370.82 on Friday.
The ChiNext stock market fell Friday as only 26 of the 62 stocks at China's start-up board for small and medium-sized enterprises rose.
Chinese equities advanced on Friday, led by non-ferrous metal stocks and property developers.
HSBC Global Asset Management bought China's bank stocks even amid concerns that record credit growth will increase bad loans and accelerate inflation.
Most mainland stocks rose as media and technology companies gained on speculation the government may start to allow bundling of telephone, Internet and television services, overshadowing declines by banks.
The combination of record mutual fund inflows and the fastest economic growth are failing to lift shares in the largest developing nations with valuations at the highest level versus developed countries since at least 1995.
Hong Kong stocks shed 53.82 points or 0.25 percent to close at 21,330.67 on Thursday.
The ChiNext stock market was up Thursday as only six of the 58 stocks at China's start-up board for small and medium-sized enterprises declined.
Chinese equities closed mixed on Thursday, with the benchmark Shanghai Composite Index down 0.14 percent or 4.39 points to close at 3,046.09 points.
Clusters of containers transformed into temporary apartments for rent appeared in the suburbs of Shenzhen, Guangdong province, the Guangzhou Daily reported.
With more celebrities making a fortune in the Chinese stock market, the famous basketball player, Yao Ming is also getting on board. Beijing Unistrong Science & Technology Co Ltd, a high-tech firm in Beijing's Zhongguancun, issued its fundraising plan yesterday. The company plans to raise 469 million yuan through offering 30 million shares on ChiNext.
| Name | Value | Change | Time |
| Shanghai | +0.71% | Fri | 3,067.75 |
| Shenzhen | +0.95% | Fri | 12,352.92 |
| HSI | +0.19% | Fri | 21,370.82 |
| NIKKEI | +0.75% | Fri | 10,824.72 |
| Dow | -0.35% | Fri | 10,741.98 |
| Nasdaq | -0.71% | Fri | 2,374.41 |