Sep 12, 2024 at 4:37 am GMT
SHANGHAI, Sept 12 (Reuters) -China stocks edged lower on Thursday, dragged down by consumer-related shares, while the technology sector led Hong Kong stocks higher.
** At the midday break, the Shanghai Composite index . SSEC was down 0.05% at 2,720.40 points.
** China's blue-chip CSI300 index .CSI300 was down 0.14%, with its financial sector sub-index .CSI300FS higher by 0.23%, the consumer staples sector .CSI000912 down 1.47%, the real estate index .CSI000952 up 0.2% and the healthcare sub-index .CSI300HC down 0.7%.
** Liquor giant Kweichou Moutai 600519.SS was down nearly 2% to the lowest level since October 2022.
** Domestic demand remains a weak area in the Chinese economy, and investors are looking forward to a slew of economic and activity data including retail sales and house prices this Saturday to see if there's any improvement.
** Chinese H-shares listed in Hong Kong . HSCE rose 0.81% to 6,031.11, while the Hang Seng Index .HSI was up 0.97% at 17,274.72.
** Tech shares .HSTECH rose 1.4% and led gains in Hong Kong, with delivery giant Meituan 3690.HK up 4%.
** HK-listed biotech giant Wuxi Apptec 2359.HK jumped 7.4%, after the company announced share buybacks the previous day.
** The smaller Shenzhen index . SZSC was up 0.08%, the start-up board ChiNext Composite index .CNT was higher by 0.32% and Shanghai's tech-focused 50 index .50 was down 0.16%.
** Around the region, MSCI 's Asia ex-Japan stock index .MIAPJ0000PUS was firmer by 1.45%, while Japan's Nikkei index .N225 was up 3.13%.
** The yuan CNY=CFXS was quoted at 7.1194 per U.S. dollar, almost flat from the previous close of 7.1192.
Reporting by Shanghai Newsroom; Editing by Subhranshu Sahu
Sumber : Reuters
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