Hong Kong stocks extend gains as China investors pour in, Shanghai edges up

viernes 2 de septiembre de 2016 01:25 GYT
 

* SSEC +0.1 pct, CSI300 +0.3 pct, +HSI 0.4 pct

* Chinese money flows into Hong Kong accelerates this week

* China venture capital stocks rally on policy support

SHANGHAI, Sept 2 (Reuters) - Hong Kong stocks extended gains on Friday as mainland China investors stepped up buying of shares in the city ahead of a scheme to link the Shenzhen and Hong Kong stock exchanges.

China shares were marginally firmer, with investors losing direction amid a recent range-bound trading pattern.

Hong Kong's benchmark Hang Seng index added 0.4 percent to 23,243.87 points by the lunch break, its highest intraday level since November 2015.

If the HSI settles around that level, it would mark its highest close since August 2015.

The Hong Kong China Enterprises Index gained 0.8 percent to 9,682.55.

The Hang Seng has rebounded nearly 30 percent from its February low, sustained by the attractiveness of relatively cheap valuations and the desire of mainland investors to move more of their assets overseas as the yuan weakens.   Continuación...