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Chinese oil giant China National Offshore Oil Corp (CNOOC) said on Monday it will raise 28.08 billion yuan ($4.41 billion) in a listing at the A-share market, and investors could start purchasing its stocks from Tuesday.

The A-share market closed higher on the first trading day of April amid consensus among mavens that share prices may be bottoming out, given that more favorable government policies appear to be in the pipeline.

Investor sentiment was lifted shortly after the latest positive messages sent by China's top financial regulators, which not only articulated continued support for offshore-listed Chinese companies but also the country's dedication to securing stable capital market operations.

Investor sentiment was lifted shortly after the latest positive messages sent by China's top financial regulators, which not only articulated continued support for offshore-listed Chinese companies but also the country's dedication to securing stable capital market operations.

Investor sentiment was lifted shortly after the latest positive messages sent by China's top financial regulators, which not only articulated continued support for offshore-listed Chinese companies but also the country's dedication to securing stable capital market operations.

The number of stock accounts in Chinas A-share market exceeded the 200 million mark for the first time, indicating the growing attractiveness and influence of the Chinese capital market, together with the appreciating currency, the yuan, experts said.

Companies spent a record US$5 billion on stock buybacks last year, and this trend is poised to boost returns for names such as Ping An health care, WuXi Biologics and China Mobile, according to Goldman Sachs.

More supportive policies expected to be revealed to stabilize economy

More supportive policies expected to be revealed to stabilize economy

More supportive policies expected to be revealed to stabilize economy