The Chinese stock market closed Thursday trading without significant changes, since the strengthening of state company stocks was offset by the still limited liquidity.
CSI300 Index, which tracks the value of securities of the largest companies traded in Shanghai and Shenzhen, fell 0.1% to 3335.81 points, after rising nearly 1% the day before. Shanghai Composite Index of the Shanghai Stock Exchange also lost 0.1% and closed at 3140.15 points.
After the occurrence of problems with counterfeit bonds, the central bank of China has asked its department to verify the bond transactions between some of the commercial banks and non-financial firms, according to the sources familiar with the situation who shared the info with Reuters this week.
On Thursday, Reuters reported, citing informed sources, that China's insurance regulator is tightening the rules for issuing new licenses to insurance companies in order to limit the aggressive investment by some insurers.
Shanghai state-owned enterprises index rose more than 0.6% by the close of trading, breaking the overall downward trend in the market.
The shares of PetroChina Co Ltd reached an intraday high of nearly a year.
The stock indexes in Hong Kong declined on the basis of today's trading amid falling prices for steel and coal, as well as the weaknesses of Chinese companies listed on the Hong Kong Stock Exchange.
The index of the Hong Kong Stock Exchange – Hang Seng fell 0.8% to 21,636.20 points. The index of Chinese companies traded in Hong Kong lost 1.4%, closing at 9200.24 points.
Almost all the sectors fell to the closure of the session, with the leaders of the fall being the shares of energy companies, which lost about 1.7% because of the collapse in commodity prices.
As for the Asian stock market as a whole, the composite index of region MSCI Asia Pacific fell 0.2%. The activity of traders is significantly lower in preparation for the Christmas celebrations.
Japan's Nikkei 225 indicator fell 0.3%, the same as the broader index Topix.
South Korea's Kospi fell 0.1%.
The Australian S&P/ASX 200 rose 0.5%.