Any decline for China's benchmark stock index will be "limited" as inflation isn't likely to run out of control, Bloomberg reported, citing China International Capital Corp (CICC) analysts.
China's faster-than-estimated economic growth has raised investors' speculation that the monetary authority will boost borrowing costs. Their tightening concerns dragged the Shanghai Composite Index down 2.7 percent last week.
The world's largest bank, Industrial and Commercial Bank of China (ICBC), inaugurated its first Italian subsidiary in Milan on Friday.
The total domestic assets of Chinese financial institutions in the banking sector rose 19.7 percent year-on-year in 2010 to 94.3 trillion yuan ($14.3 trillion), China's banking regulator said on Friday.
Stocks on the Chinese mainland rebounded from the lowest close in almost four months. The advance came as investors speculated that recent declines were excessive, and the nation's biggest mutual fund boosted its holdings in real-estate companies.
The total assets in China's banking sector reached 94.3 trillion yuan ($14.3 trillion) at the end of 2010, up 19.7 percent from a year earlier, the country's banking regulator said on Friday.
China's commercial property sector will replace the residential market as the emerging star in 2011, with tightening measures continuing in the housing market while domestic consumption picks up.
The Carlyle Group's back-to-back sell-downs worth $2.6 billion of China Pacific Insurance (Group) Co, has put the US buyout fund on course for its best exit ever.
China's stocks tumbled 2.92 percent on Thursday as the latest inflation data heightened concerns of possible interest rates hike around the nation's annual Spring Festival which falls on February 3.
Chinese regulators have ordered the nation's four biggest banks to cap their combined new loans in the first quarter at 726 billion yuan ($110 billion), local media said on Wednesday.
PICC Property & Casualty Co Ltd, the country's largest non-life insurer, expects its profit to more than double in 2010 to the highest since its Hong Kong listing in 2003, the insurer's top management said on Wednesday.
China Investment Corp (CIC), the country's sovereign wealth fund, plans to open a Toronto office, its second outside the Chinese mainland, a source with direct knowledge of the matter said on Wednesday.