Hong Kong shares slip from 3-week highs ahead of more China data

jueves 13 de febrero de 2014 00:42 GYT
 

* HSI -0.3 pct, H-shares -0.9 pct, CSI300 +0.1 pct

* Index reviews: BYD, Mengniu, Cinda jump after inclusion

* New anti-pollution fund buoys environment mgt, clean energy plays

* Prada sinks after 2013 sales growth misses estimates

By Clement Tan

HONG KONG, Feb 13 (Reuters) - Hong Kong shares slipped from three-week highs on Thursday, with index reviews driving major price moves and as investors took stock of recent robust gains ahead of more China data.

"There are some big reactions on individual stocks due to the index review in Hong Kong today, but by and large people are just waiting for data or new catalysts after the strong gains in recent sessions," said Jackson Wong, Tanrich Securities' vice-president for equity sales.

Beijing is due to post January money supply and loan growth data by Saturday, with inflation figures due on Friday. Trade data on Wednesday had handily beat expectations, but there was scepticism given past distortions from fake trade transactions.

At midday, the Shanghai Composite Index and the CSI300 of the leading Shanghai and Shenzhen A-share listings each crept up 0.1 percent. Both are now near their highest since the turn of the year.   Continuación...