China stocks shrug off surging industrial profits; HK up over 1 pct
* SSEC -0.2 pct, CSI300 0.1 pct, HSI 1.1 pct
* Markets unfazed by best industrial profit data in 3 years
* U.S. presidential debate has little immediate impact on market
* Shanghai-Hong Kong Connect will be suspended Sept 29-Oct 10
SHANGHAI, Sept 27 (Reuters) - China stocks were little changed on Tuesday as investors were reluctant to stake out fresh positions ahead of a week-long holiday despite data showing August industrial profits surged the most in three years.
China's blue-chip CSI300 index rose 0.1 percent to 3,223.15 points by the lunch break, while the Shanghai Composite Index lost 0.2 percent to 2,975.92.
In Hong Kong, shares bounced over 1 percent, recovering much of Monday's drop, but investors were bracing a drop in inflows from China as the Shanghai-Hong Kong Stock Connect scheme will be suspended Sept. 29-Oct. 10.
China's markets will be closed for a week for the National Day holidays starting on Oct. 1.
The first U.S. presidential debate between Democrat Hillary Clinton and Republican Donald Trump attracted attention from the investment community, but did not appear to have had an immediate impact on the China market. Continuación...