China, Hong Kong stocks little changed ahead of parliament session

Shenzhou International group

21/05/2020 05:39

* SSEC 0.1%, CSI300 0.1%, HSI 0.0%
    * HK->Shanghai Connect daily quota used 3%, Shanghai->HK
daily
quota used 4.1%
    * FTSE China A50 +0.3%

    SHANGHAI, May 21 (Reuters) - China and Hong Kong stocks were
little changed on Thursday ahead of the country's annual
parliament session, starting this week, that could yield more
economic stimulus.
    ** At the midday break, the Shanghai Composite index  .SSEC 
was up 0.05% at 2,885.20. 
    ** China's blue-chip CSI300 index  .CSI300  was up 0.06%,
with its financial sector sub-index  .CSI300FS  losing 0.07%,
the real estate index  .CSI000952  falling 0.08%, while its
healthcare sub-index  .CSI300HC  rose 2.07%.
    ** Chinese H-shares listed in Hong Kong  .HSCE  fell 0.14%
to 9,884.44, while the Hang Seng Index  .HSI  was down 0.01% at
24,397.29. 
    ** The smaller Shenzhen index  .SZSC  was down 0.09%, while
the start-up board ChiNext Composite index  .CNT  was higher by
0.46%.
    ** Chinese parliament's annual session is expected to unveil
stimulus measures to spur its economy battered by the novel
coronavirus, as leaders grapple with problems from surging
unemployment to worsening U.S. ties.  urn:newsml:reuters.com:*:nL4N2D02FX  urn:newsml:reuters.com:*:nL4N2D21Q9
    ** Currently investors are taking a wait-and-see approach,
as they await policies from the meeting, analysts at Everbright
Securities said in note.
    ** China recorded two new COVID-19 cases for May 20, down
from five a day earlier.  urn:newsml:reuters.com:*:nB9N2BK01F
    ** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was barely changed while Japan's Nikkei index
 .N225  was down 0.32%.
    ** The yuan  CNY=CFXS  was quoted at 7.1054 per U.S. dollar,
0.17% weaker than the previous close of 7.093. 
    ** By 0403 GMT, China's A-shares were trading at a premium
of 25.83% over Hong Kong-listed H-shares.

 (Reporting by Luoyan Liu and Andrew Galbraith; editing by
Uttaresh.V)
 ((luoyan.liu@thomsonreuters.com; Reuters Messaging:
luoyan.liu.thomsonreuters.com@reuters.net))