China stocks rise despite weak trade data; Hong Kong up

lunes 8 de agosto de 2016 00:55 GYT

* CSI300 +0.3 pct; SSEC +0.3 pct; HSI +1.2 pct

* Coal stocks surge on signs of state aid

* Real estate sector climbs higher on Vanke drama

SHANGHAI, Aug 8 (Reuters) - China shares inched up on Monday morning, as a surge in coal stocks and sustained interest in property shares ignited by the Vanke drama offset the impact of worse-than expected trade data.

Hong Kong equities rose to eight-month highs, as strong U.S. jobs data on Friday lifted risk appetites globally.

Both China's blue-chip CSI300 index and the Shanghai Composite Index climbed 0.3 percent, reaching 3,214.64 points and 2,984.44 points, respectively.

On the macro front, China's exports and imports fell more than expected in July, making a rocky start for the third quarter and suggesting global demand remains weak in the aftermath of Britain's decision to leave the European Union.

Jiang Chao, analyst at Haitong Securities, said that in a slowing economy, investors should allocate more assets to bonds, as well as stocks with stable performance.

Market sentiment on Monday was lifted by a surge in coal stocks, after reports that borrowings by seven major coal miners in Shanxi will be rolled over to medium-to-long-term special loans, as the government aids the struggling sector.   Continuación...