Hong Kong shares supported by blue chips, China stocks flat

jueves 17 de abril de 2014 00:59 GYT

* FTZ stocks up after foreign investment rules simplified

* Property stocks down ahead of data

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By Natalie Thomas

BEIJING, April 17 (Reuters) - China stocks traded flat on Thursday, as investors piled into Shanghai Free Trade Zone related stocks but retreated from property firms ahead of data expected to show the sector slowed.

Hong Kong stocks eked out modest gains, buoyed by several index heavyweights in a subdued trading session as investors geared up for the long Easter weekend.

By midday, the CSI300 index of the largest Shanghai and Shenzhen A-share listings was up 0.1 percent, while the Shanghai Composite Index was flat at 2,105.3 points.

The Hang Seng Index rose 0.2 percent to 22,749.9 points. The China Enterprises Index of the top Chinese listings in Hong Kong gained 0.2 percent.

On the mainland, shares in several major property developers eased as investors braced themselves for data due on Friday which is expected to show house price growth slowed in March.   Continuación...