Hong Kong shares up on Wall Street, earnings; China stocks slip

miércoles 26 de marzo de 2014 00:56 GYT
 

* HSI +1.1 pct, H-shares +1.8 pct, CSI300 -0.1 pct

* Hong Kong financial stocks strong

* China Mengniu up on earnings results

* China pharmaceuticals rise on medical reform plans (Updates to midday)

By Alice Woodhouse and Natalie Thomas

HONG KONG/SHANGHAI, March 26 (Reuters) - Hong Kong shares rose early Wednesday, aided by gains on Wall Street and solid earnings reports from Agricultural Bank of China and dairy products giant China Mengniu.

But China indexes slipped a little, despite climbs by pharmaceutical counters, which were boosted by government subsidy plans for the sector.

By midday, the Hang Seng Index was up 1.1 percent at 21,965.61 points. The China Enterprises Index of the top Chinese listings in Hong Kong rose 1.8 percent.

The CSI300 fell 0.1 percent, while the Shanghai Composite Index was down 0.1 percent at 2,064.49 points.   Continuación...