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China stocks flat despite Vanke excitement; HK rises on UK easing

China stocks

China stocks were little changed on Friday and on track to end the week roughly flat as worries about the economy and regulators’ crackdown on speculation keep investors on the sidelines.

But Hong Kong shares follow other Asian markets higher after the Bank of England launched a larger-than-expected monetary stimulus package.

China’s blue-chip CSI300 index inched up 0.1 per cent to 3,203.80 points by the lunch break, while the Shanghai Composite Index dipped 0.1 per cent to 2,979.38.

Turnover has been thin recently, as regulators have tightened supervision over speculative trading, while risk appetite has been curbed by few signs of economic recovery and questions about the extent of further stimulus.

Paul

The author Paul