China stocks set for 5th week of losses, Hong Kong up

viernes 20 de mayo de 2016 00:24 GYT

* CSI +0.1 pct; SSEC +0.1 pct; HSI +1.2 pct

* Shanghai trading volumes hovering around 3-month lows

* Buy-side still eyeing potential MSCI A-share inclusion

By Samuel Shen and Nathaniel Taplin

SHANGHAI, May 20 (Reuters) - China stocks edged up on Friday morning, but the main indexes are poised for a fifth week of losses on fading optimism over the country's growth prospects and concerns about rising U.S. interest rates.

China's blue-chip CSI300 index was up 0.1 percent at 3,065.45 by the lunch break, with the Shanghai Composite Index also up 0.1 percent at 2,809.72. Both indexes are set for a weekly loss of around 0.5 percent.

Hong Kong shares followed most Asian stocks higher, but light trading indicated caution.

Investor optimism fuelled by strong Chinese March economic data has faded rapidly on signs that the recovery lost momentum in April, and on fears that policymakers may be taking a more cautious stance on further stimulus as bad debts soar.

Beijing is pushing for painful structural reforms by stepping up restructuring and factory closures in China's bloated state sector.   Continuación...