China shares rise as aviation stocks jump, Hong Kong slips again

viernes 29 de agosto de 2014 00:57 GYT

* HSI -0.3 pct, H-shares -0.2 pct, CSI300 +0.5 pct

* Aviation firms strong on report of reform plan

* Chalco sinks after posting wider H1 net loss

* Macau casinos down as outlook remains weak (Updates to midday)

By Grace Li

HONG KONG, Aug 29 (Reuters) - China shares rose on Friday, buoyed by banks and outperforming aviation counters, while the Hong Kong market slipped again on profit-taking and lackluster earnings.

By midday, the CSI300 of the leading Shanghai and Shenzhen A-share listings added 0.5 percent, while the Shanghai Composite Index edged up 0.3 percent at 2,201.60 points.

However, both indexes were on track for their first weekly loss in seven. For the month, the CSI300 was down 1.2 percent and the Shanghai benchmark flat.

The Hang Seng Index, which has declined the past three days, slipped 0.3 percent to a two-week low at 24,678.14 points. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.2 percent.   Continuación...