China stocks mixed, recovers from early slide; small caps up

martes 23 de diciembre de 2014 00:16 GYT

* CSI300 +0.1 pct, SSEC -0.7 pct

* HSI +0.2 pct, HSCE +0.9 pct

* Mainland indexes recover from sharp near 3 pct drop in early trade

* Interest in small caps recovers after sharp dip Monday

* CSRC investigating trading manipulation in small caps

SHANGHAI, Dec 23 (Reuters) - China stocks were mixed by midday on Tuesday, recovering from a steep decline of nearly 3 percent in early trade as investors moved back into property and insurance shares, reflecting a recently familiar pattern of intense swings on mainland indexes.

Analysts said big-cap shares remain key drivers and sentiment is still bullish.

"The market is still a bull one despite the corrections," said Zhang Yanbin, analysts at Zheshang Securities.

"Small-cap shares are mostly recovered from yesterday's slump," he added, referring to a sharp dive in small cap indexes in Shenzhen driven by reactions to a China Securities Regulatory Commission (CSRC) announcement on Friday that 18 company shares, most of them in Shenzhen, were being illegally manipulated. The regulator did not name any perpetrators or suspects.   Continuación...