Property limits China share losses, Hong Kong hit by commodity slide

miércoles 12 de marzo de 2014 00:51 GYT

* HSI -1.6 pct, H-shares -2 pct, CSI300 -0.2 pct

* Commodities carnage weighs on related stocks, copper tumbles

* Belle sinks after quarter's drop in same-store footwear sales y/y

* China internet deals: Citic Bank, ChinaVision soar

By Clement Tan

HONG KONG, March 12 (Reuters) - China shares fell less than others in Asia on Wednesday, limiting Hong Kong losses, as property developers rose on hopes the country's annual parliamentary meetings will end without announcing additional curbs on the sector.

More China macroeconomic data is due on Thursday and could add to slowdown fears after a disappointing series of February data during recent days. While this has sparked some talk of monetary easing, physical commodities markets have taken a beating.

The carnage had started with iron ore prices on Monday and continued with copper on Wednesday, with Shanghai copper falling by its 5 percent daily limit and London copper touching a 44-month low.

At midday, the CSI300 of the largest Shanghai and Shenzhen A-share listings was down 0.2 percent, while the Shanghai Composite Index slipped 0.6 percent. The MSCI Asia ex-Japan was down 1.3 percent at 0400 GMT.   Continuación...