The China market may be due for more downside after the benchmark Shanghai Composite suffered its worst drop so far in 2012, skidding 2.73 percent to 2308.55 on Monday.
Both the Securities Regulatory Commission and the Shanghai Stock Exchange say there is no timetable for the launch of the International Board which lets foreign firms list in China. Worries about the new board diverting funds away from the A share market is partly to blame for Monday's selloff.
The state planning agency issues guidelines to allow private capital into the engineering consulting industry.
Stocks to Watch:
Petrochina - The index heavyweight will be key to market confidence, it fell to a record low of 9.3 yuan ($1.46) on Monday.
China Southern Airlines - The airline's shares will be suspended for five sessions starting Tuesday pending a capital injection from its parent that would lower its gearing ratio.
Appliance Maker Stocks - The Ministry of Finance has issued details for the subsidy program for three more types of appliances (refrigerators, washing machines, and water heaters). These are the implementation guidelines for the recently announced $5 billion package of energy-efficient consumption incentives.
—By Cheng Lei, CNBC Asia Pacific