China shares slip despite property gains, Hong Kong flat

viernes 4 de julio de 2014 01:01 GYT

* HSI flat, H-shares +0.4 pct, CSI300 -0.2 pct

* China property sector rises again on loosening policy in some cities

* Hong Kong retailers suffer after data disappoints (Updates to midday)

By Grace Li

HONG KONG, July 4 (Reuters) - China shares slipped from two-week highs early Friday as investors took profit on recent outperformers, though a stronger property sector helped limited losses.

Hong Kong's benchmark index ended the morning session barely changed from its highest close since December. It pared early gains rooted in U.S. jobs data that showed the lowest unemployment rate in six years.

At midday, the Hang Seng Index was flat at 23,535.84 points. The China Enterprises Index of the top Chinese listings in Hong Kong rose 0.4 percent and might have its fourth straight daily gain.

The indexes were up 1.4 and 1.8 percent this week, respectively.

The CSI300 of the leading Shanghai and Shenzhen A-share listings edged down 0.2 percent. The Shanghai Composite Index was off 0.3 percent at 2,056.45 points.   Continuación...