Hong Kong stocks steady; China down on soft exports, debt worry

jueves 10 de abril de 2014 01:04 GYT

* HSI +0.1 pct, H-shares -0.7 pct, CSI300 -0.1 pct

* H-shares down on weak exports

* Hong Kong Jewellery down on weak earnings

By Natalie Thomas and Chen Yixin

SHANGHAI, April 10 (Reuters) - Hong Kong stocks steadied at midday after early losses, while China shares listed in the territory drifted lower over more signs of a slowdown in the world's second-largest economy.

Shares on the mainland were also down slightly after China's top economic planning agency said that the country has less and less room to rely on policy tools to support the economy as it tries to arrest a protracted slowdown this year.

By midday, the Hang Seng Index was up 0.1 percent at 22,874.25 points. The China Enterprises Index of the top Chinese listings in Hong Kong dropped 0.7 percent.

The CSI300 index of the largest Shanghai and Shenzhen A-share listings eased 0.1 percent, while the Shanghai Composite Index fell 0.1 percent to 2,104.25 points.

In Hong Kong, investors sold off H-shares in the morning, after customs data released early on Wednesday showed a 6.6 percent year-on-year fall in exports in March, missing market expectations for a 4 percent rise.   Continuación...