Hong Kong stocks track fall in other Asian markets

China Mengniu Dairy

13/05/2021 09:39

* HK->Shanghai Connect daily quota used -3.9%, Shanghai->HK
daily
quota used 7%
    * HSI -1.8%, HSCE -2.1%, CSI300 -1.0%
    * FTSE China A50 -1.1%

    May 13 (Reuters) - Hong Kong stocks fell on Thursday,
tracking a broad sell-off in other Asian markets amid worries
over U.S. inflation. 
    ** At the close of trade, the Hang Seng index  .HSI  was
down 512.37 points, or 1.81%, at 27,718.67. The Hang Seng China
Enterprises index  .HSCE  fell 2.05% to 10,339.99.
    ** The sub-index of the Hang Seng tracking energy shares
 .HSCIE  dipped 2.8%, while the IT sector  .HSCIIT  dipped
3.11%, the financial sector  .HSNF  ended 1.14% lower, the Hang
Seng tech index  .HSTECH  dropped 3.3% and the property sector
dipped 1.58%.
    ** The top gainer on the Hang Seng was China Mengniu Dairy
Co Ltd  2319.HK , which gained 2.86%, while the biggest loser
was Techtronic Industries Co Ltd  0669.HK , which fell 9.49%. 
    ** Asian shares slipped to seven-week lows after a dismaying
rise in U.S. inflation bludgeoned Wall Street and sent bond
yields surging on worries the Federal Reserve might have to move
early on tightening.  urn:newsml:reuters.com:*:nL4N2N007F  
    ** Tensions between Beijing and Washington added to the
pressure.
    ** The Chinese government has turned its western Xinjiang
province into essentially an "open-air prison", a U.S. State
Department official said on Wednesday as the department
published a report that criticized China's treatment of
religious minorities.  urn:newsml:reuters.com:*:nL1N2MZ26T
    ** Bucking the retreat, mainland investors purchased a net 5
billion yuan ($774.75 million) worth of Hong Kong shares via the
Stock Connect linking mainland and Hong Kong, according to
Refinitiv data. 
    ** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was weaker by 1.37%, while Japan's Nikkei index
 .N225  closed down 2.49%.
    ** The yuan  CNY=CFXS  was quoted at 6.4525 per U.S. dollar
at 08:17 GMT, 0.08% firmer than the previous close of 6.4575. 
    ** At close, China's A-shares were trading at a premium of
37.97% over Hong Kong-listed H-shares.

($1 = 6.4537 Chinese yuan renminbi)

 (Reporting by the Shanghai Newsroom;
Editing by Vinay Dwivedi)
 ((luoyan.liu@thomsonreuters.com; Reuters Messaging:
luoyan.liu.thomsonreuters.com@reuters.net))