REFILE-Tech stocks lead China market rebound after 3-day sell-off; Hong Kong also up
(Corrects spelling in paragraph 13)
* CSI300 +1.1 pct; SSEC 1.3 pct; HSI 0.7 pct
* SSEC heads for biggest weekly fall in 5 years on policy fears
* Investor interest shifts to small-cap, tech stocks
By Samuel Shen and Kazunori Takada
SHANGHAI, May 8 (Reuters) - China's main Shanghai Composite Index looked set for its biggest weekly loss in almost five years amid fears of a regulatory crackdown on risky bets, with a bruising, three-day sell-off only stemmed by a mild rebound on Friday.
The poor performance was triggered by signs of tighter regulatory scrutiny over margin lending, which has helped propel China's stock market to a near doubling over the past year despite a flagging economy.
Data on Friday showed that China's exports unexpectedly fell 6.4 percent in April from a year earlier, while imports tumbled by a deeper-than-forecast 16.2 percent.
But the dismal figures only reinforced investors' convictions that Beijing will roll out more stimulus measures which could see more liquidity flow into the stock market. Continuación...