Hong Kong, China shares produce slim gains on solid GDP data

miércoles 16 de julio de 2014 01:02 GYT

* HSI +0.1 pct, H-shares -0.3 pct, CSI300 +0.2 pct

* Units of state firms selected for reform moves rise

* Huadian Power jumps on positive profit alert

* China Shenhua down to 7-week low after coal price-cut (Updates to midday)

By Grace Li

HONG KONG, July 16 (Reuters) - Hong Kong and China shares eked out slim gains by midday on Wednesday, after China reported that second-quarter economic growth was slightly faster than market expectations.

China's economy expanded by 2.0 percent in the second quarter from the previous quarter, taking annual growth for April-June to 7.5 percent. Retail sales and industrial output were either in line with market forecasts or a bit higher.

At midday, the Hang Seng Index was 0.1 percent higher at 23,479.79 points. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.3 percent.

The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.2 percent, while the Shanghai Composite Index inched up 0.1 percent to a one-month high at 2,071.90 points.   Continuación...