China shares little changed, HK eases on weak earnings

jueves 30 de octubre de 2014 00:46 GYT

* HSI -0.5 pct, H-shares -1.0 pct, CSI300 flat

* China says it will promote consumption in six sectors

* 64 railway projects approved

* Weak company earnings weigh on Hong Kong market

By Chen Yixin and Kazunori Takada

SHANGHAI, Oct 28 (Reuters) - China shares were little changed by midday on Thursday as weakness in the property sector offset the positive impact after the government said it would support consumption, while Hong Kong shares eased on gloomy corporate earnings.

The Shanghai Composite Index rose 0.1 percent to 2,376.0 points by the midday break, while the CSI300 of the leading Shanghai and Shenzhen A-share listings was flat.

In Hong Kong, the Hang Seng Index edged down 0.5 percent to 23,709.8 points. The China Enterprises Index of the top Chinese listings in Hong Kong fell 1 percent.

The State Council, China's cabinet, said on Wednesday it will promote consumption in six sectors, including e-commerce, new energy, housing, tourism, education and sport.   Continuación...