China markets calm in thin trade; Hong Kong up slightly

viernes 11 de septiembre de 2015 00:34 GYT
 

* CSI300 -0.2 pct; SSEC -0.1 pct; HSI +0.9 pct

* Market sentiment calms, but trading volume shrinks

* state banks suspected of yuan intervention

SHANGHAI, Sept 11 (Reuters) - China's major stock indexes ended Friday morning slightly lower, bobbing in and out of positive territory as investors awaited more data for clues on the health of the economy.

Hong Kong stocks rose slightly by midday.

China's blue-chip CSI300 index fell 0.2 percent to 3,352.66 points at lunch time, while the Shanghai Composite Index lost 0.1 percent to 3,195.54 points.

The indexes are set to end the week around where they were a week earlier, suggesting the market has calmed following fresh supportive measures announced recently, including further trading restrictions on derivatives, and a proposed "circuit breaker" mechanism.

But trading wad thin, with weekly volume in the CSI300 shrinking to the lowest since February.

"The market was rather stable in the morning session with investors choosing to stay on the sidelines," wrote Gerry Alfonso, director at Shenwan Hongyuan Securities Co.   Continuación...