Hong Kong stocks rebound, China down despite upbeat data

martes 13 de septiembre de 2016 00:45 GYT

* SSEC -0.2 pct, CSI300 -0.2 pct, HSI +0.8 pct

* Dovish remarks from Fed official eases rate hike fears

* China investors brush off upbeat industrial, retail sales data

SHANGHAI, Sept 13 (Reuters) - Hong Kong stocks rebounded on Tuesday morning following a sell-off the day before, as global markets steadied after dovish remarks from a U.S. central bank policymaker eased fears of an imminent interest rate hike.

But China stocks continued to weaken, with investors shrugging off upbeat economic data that pointed to some success in Beijing's stimulus efforts.

The Hang Seng index added 0.8 percent, to 23,482.47 points by the lunch break, while the Hong Kong China Enterprises Index gained 0.5 percent, to 9,703.57. The market slumped more than 3 percent on Monday, posting its biggest single-day fall in seven months, on fears the U.S. Federal Reserve would raise rates as early as next week.

Such concerns eased, however, after the Federal Reserve's Board Governor Lael Brainar said on Monday she wanted to see a stronger trend in U.S. consumer spending and evidence of accelerating inflation before the central bank raises rates.

"Investors are at a loss, with hawkish remarks one day, and dovish remarks the following day," said Alex Wong, Hong Kong-based director at Ample Finance Group.

"But I would say the panic is over. Most investors now adopt   Continuación...