Hong Kong shares rebound but China set for worst week since April

viernes 20 de junio de 2014 00:54 GYT

* HSI +0.2 pct, H-shares +0.5 pct, CSI300 -0.2 pct

* H-shares at largest premium over A-shares in eight years

* Gold stocks rise on price hike this week

* China Oil and Gas at 2-month high after acquisition deal (Updates to midday)

By Grace Li

HONG KONG, June 20 (Reuters) - Hong Kong stocks bounced back on Friday as the beaten-down Macau gaming sector rebounded, but China shares looked set for their fourth straight losing session amid a spate of new intitial public offerings.

By midday, the Hang Seng Index was up 0.2 percent at 23,218.86 points, but still down 0.4 percent on the week due to losses in the previous four days.

The China Enterprises Index of the top Chinese listings in Hong Kong rose 0.5 percent. It has lost 1.1 percent on the week and is set for its first weekly loss in six.

On the mainland, the CSI300 of the leading Shanghai and Shenzhen A-share listings slipped 0.2 percent lower, while the Shanghai Composite Index was down 0.5 percent at 2,013.09 points.   Continuación...