Hong Kong shares fall on US interest rate worry, China mixed on credit data

viernes 12 de septiembre de 2014 00:56 GYT
 

* HSI -0.4 pct, H-shares -0.3 pct, CSI300 -0.1 pct

* China shipbuilders jump on reports about reforms

* CITIC at 2-month low after regulator files lawsuit

* Sun Hung Kai Properties slips ahead of earnings (Updates to midday)

By Grace Li

HONG KONG, Sept 12 (Reuters) - Hong Kong shares fell on Friday and could have their biggest weekly loss in six months, as investors locked in profits amid concerns that China's economy will remain sluggish and the U.S. might raise interest rates sooner than expected.

China shares ended a choppy morning trade mixed. Both mainland indexes briefly advanced after August lending data which was in line with expectations and helped ease some growth fears.

Chinese banks made 702.5 billion yuan ($114.6 billion) of new loans in August, picking up from an abrupt drop in the previous month as the government keeps up modest policy support for the economy.

By midday, the Hang Seng Index was down 0.4 percent at 24,569.16 points and appeared on track for a sixth straight daily loss, while the China Enterprises Index of the top Chinese listings in Hong Kong fell 0.3 percent.   Continuación...