China stocks lifted by brokerages, Hong Kong index edges up

miércoles 26 de noviembre de 2014 00:51 GYT
 

* HSI +0.1 pct, HSCE +0.4 pct, CSI300 +0.7 pct, SSEC +0.5 pct

* Brokerages outperform in both markets

* China rose on policy support on water conservations

* Hong Kong indexes follow the mainland market, caution

By Chen Yixin and Pete Sweeney

SHANGHAI, Nov 26 (Reuters) - China stocks rose on Wednesday, due to gains for brokerages and other finance-sector shares that continue to welcome the central bank's surprise interest rate cut on Friday.

The CSI300 index was up 0.7 percent, to 2,704.11 points, at the end of the morning session, while the Shanghai Composite Index gained 0.5 percent, to 2,580.85 points.

Huatai Securities jumped its 10 percent daily limit after it said it won approval to list in Hong Kong.

Water conservation-related shares performed well after the official Xinhua news agency reported that Premier Li Keqiang said China would accelerate projects to tackle water shortages and bolster wider economic growth.   Continuación...