Reuters (09/4) - HONG KONG - Hong Kong
shares were on track for their first gain in four days, while mainland
China markets rebounded from Monday's four-month closing low after China
inflation rose less than expected in March, easing concerns about
potential near-term tightening moves from Beijing.
Official data
showed annual consumer inflation in the world's second-largest economy
eased to 2.1 percent in March from February's 3.2 percent data, while
producer prices ine the same month dropped 1.9 percent, sharper than the
annual 1.6 percent drop in February.
At 0215 GMT, the Hang Seng
Index was up 1 percent, while the China Enterprises Index of the leading
Chinese listings in Hong Kong returned above its 200-day moving average
with a 2.1 percent gain.
In the mainland, the CSI300 of the top
Shanghai and Shenzhen A-share listings climbed 1 percent, while the
Shanghai Composite Index rose 0.8 percent. Bird flu jitters in the last
few days had compounded a selloff since an early February peak in both
the China and Hong Kong markets.
http://www.reuters.com/article/2013/04/09/markets-hongkong-china-stocks-idUSL3N0CW09M20130409
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