China stocks slip as market quiets down for holiday

martes 30 de diciembre de 2014 01:13 GYT
 

* CSI300 flat; SSEC -0.4 pct

* HSI -0.9 pct; HSCE -1.3 pct

* Shanghai market set to be world's best performer in 2014

* Hong Kong market fails to share mainland's gains

SHANGHAI, Dec 30 (Reuters) - China stocks slipped on Tuesday as trading quieted down with many investors shifting attention to year-end and a holiday weekend.

Traders said investors were still bargain-shopping among blue-chips and selling small caps.

The CSI300 index was flat at 3,454.23 points at the end of the morning session, while the Shanghai Composite Index lost 0.4 percent, to 3,155.28 points.

Barring a last-minute crash, Shanghai is set to be the world's best performing major exchange in 2014, up over 50 percent for the year. Argentina's Merval index has gained about 57 percent, but it is far smaller.

On Tuesday, China CSI300 stock index futures for January rose 0.2 percent, to 3,476.2, which is 21.97 points above the current value of the underlying index.   Continuación...