Newspaper groups working to get listed
Dubai's debt problems may be sending world markets sliding, but the tumble in stocks in Shanghai and Hong Kong is not expected to extend into this week, according to financial analysts.
Chinese equities gained 1.88 percent Tuesday as investors bet that the central bank might cut interest rates, following the release of consumer and producer price figures for February.
China will expand the issuance of enterprise bonds to fund its massive stimulus projects, said Zhang Ping, minister of the National Development and Reform Commission (NDRC) Friday.
China Investment Corp (CIC), the nation's $200 billion sovereign wealth fund, will increase its investment in all classifications since the global financial crisis has caused many asset prices to drop.
Hong Kong stocks rebounded 349.47 points, or 3.08 percent on Tuesday after the market dived more than 4 percent on an unusual tumble of HSBC during a 10-minute close auction late day trading period.