China stocks slip before new listings, Hong Kong rebounds on Fed views

jueves 18 de diciembre de 2014 01:00 GYT
 

* SSE -0.3 pct, CSI300 -0.4 pct, HSI +1.3 pct, HSCE +1.3 pct

* Regulator criticizes some margin trading - Shanghai paper

By Jake Spring

BEIJING, Dec 18 (Reuters) - China stocks slipped on Thursday as hot brokerage shares cooled on questions about margin trading and investors shifted interest to coming listings while the Hong Kong market rebounded after five days of losses.

The CSI300 index of leading Shanghai and Shenzhen listings fell 0.4 percent, to 3,347.51 points at the end of the morning. The Shanghai Composite Index lost 0.3 percent, to 3,051.11 points.

Hong Kong's Hang Seng index added 1.3 percent, to 22,887.7 points. The Hong Kong China Enterprises Index gained 1.3 percent, to 11,413.39.

Analysts said Hong Kong shares chased the U.S. market as the Federal Reserve gave an upbeat assessment of the U.S. economy and said it would take a patient approach towards interest rate hikes.

Mainland indexes have risen the past six days.

Financials have led the rally that began in late November when the central bank cut interest rates.   Continuación...