RPT-China stocks steady after 2-day slump; Hong Kong indexes dip

martes 10 de mayo de 2016 01:25 GYT
 

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* CSI300 +0.4 pct; SSEC +0.2 pct; HSI -0.1 pct

* China April inflation data paints mixed picture

* Investor confidence weakened in April.

SHANGHAI, May 10 (Reuters) - China stocks steadied on Tuesday morning after shedding more than 5 percent in the previous two sessions, but market sentiment remained bearish on concerns over the economy.

Hong Kong shares dipped, as the energy sector dropped on weak oil prices.

China's blue-chip CSI300 index rose 0.4 percent, to 3,076.28 points by the lunch break, while the Shanghai Composite Index gained 0.2 percent, to 2,837.58 points.

The market's calmer tone followed a two-day slump that knocked it to eight-week lows on Monday, as investor hopes for a strong economic recovery fade.

April inflation data early on Tuesday showed China's consumer prices rising slightly less than expected, while a four-year slump in producer prices continued to show signs of moderating.   Continuación...