China, Hong Kong stocks little changed; STAR Market still big attraction

Hengan International

23/07/2019 05:38

* SSEC 0.1%, CSI300 -0.1%, HSI 0.1%
    * HK->Shanghai Connect daily quota used 0.6%
    * Shanghai->HK daily quota used 1.1%
    * FTSE China A50 -0.4%

    SHANGHAI, July 23 (Reuters) - China and Hong Kong stocks
barely moved on Tuesday, as the newly launched Nasdaq-style STAR
Market continued to attract attention.
    ** The CSI300 index  .CSI300  fell 0.1%, to 3,777.38at the
end of the morning session, while the Shanghai Composite Index
 .SSEC  gained 0.1%, to 2,888.93.
    ** The Hang Seng index  .HSI  added 0.1%, to 28,402.16,
while the Hong Kong China Enterprises Index  .HSCE  gained 0.3%,
to 10,806.64.
    ** The STAR Market kicked off its second day of trading on
Tuesday with sharp falls in most listed shares, a day after the
shares posted average gains of 140%, underscoring the volatility
of the country's new Nasdaq-style board.  urn:newsml:reuters.com:*:nB9N22L02N 
    ** Data from the Shanghai Stock Exchange showed most
institutional investors sold their shares on Monday, while
retail investors bought.
    ** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was firmer by 0.08% while Japan's Nikkei index
 .N225  was up 1.18%.
    ** The yuan  CNY=CFXS  was quoted at 6.8831 per U.S. dollar,
0.02% weaker than the previous close of 6.8817.
    ** The largest percentage gainers in the main Shanghai
Composite index were Shanghai Huitong Energy Co Ltd  600605.SS ,
up 10.05%, followed by Ningbo Tianlong Electronics Co Ltd
 603266.SS , gaining 10.03% and Xinjiang Xuefeng Sci-Tech Group
Co Ltd  603227.SS , up by 10.02%.
    ** The largest percentage losers in the Shanghai index were
Guangzhou Yuetai Group Co Ltd  600393.SS  down 10.13%, followed
by Seazen Holdings Co Ltd  601155.SS  losing 8.62% and Suzhou
Secote Precision Electronic Co Ltd  603283.SS  down by 8.51%.
    ** So far this year, the Shanghai stock index is up 15.76%,
while China's H-share index is up 6.4%. Shanghai stocks have
declined 3.09% this month. 
    ** The top gainers among H-shares were Hengan International
Group Company Ltd  1044.HK , up 5.51%, followed by ANTA Sports
Products Ltd  2020.HK , gaining 3.4% and PICC Property and
Casualty Co Ltd  2328.HK , up by 3.39%.
    ** The three biggest H-shares percentage decliners were
Country Garden Holdings Co Ltd  2007.HK , which has fallen
2.33%, China Vanke Co Ltd  2202.HK , which has lost 2.3% and
China Pacific Insurance Group Co Ltd  2601.HK , down by 1.7%.
    ** About 7.18 billion shares have traded so far on the
Shanghai exchange, roughly 37.3% of the market's 30-day moving
average of 19.26 billion shares a day. The volume traded was
18.07 billion as of the last full trading day.
    ** As of 04:19 GMT, China's A-shares were trading at a
premium of 27.27% over the Hong Kong-listed H-shares.

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China stock market graphics suite     http://reut.rs/1NfkoGl
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 (Reporting by Luoyan Liu and John Ruwitch; editing by Gopakumar
Warrier)
 ((luoyan.liu@thomsonreuters.com; Reuters Messaging:
luoyan.liu.thomsonreuters.com@reuters.net))