February 12, 2018 / 4:27 AM / 6 months ago

China, Hong Kong stocks rebound after brutal week

* SSEC +0.8 pct, CSI300 +1.3 pct, HSI +0.7 pct

* Shanghai->HK daily quota used 25.8 pct

* China’s start-up board ChiNext up 2.9 pct

SHANGHAI, Feb 12 (Reuters) - China and Hong Kong stocks rebounded on Monday after last week’s savage sell-off. Chinese small-caps bounced sharply.

** At 04:08 GMT, the Shanghai Composite index was up 25.17 points or 0.8 percent at 3,155.02. ** China’s blue-chip CSI300 index was up 1.3 percent, with its financial sector sub-index higher by 0.02 percent, the consumer staples sector up 3.03 percent, the real estate index up 1.79 percent and healthcare sub-index up 2.5 percent. ** In Hong Kong, Chinese H-shares rose 0.86 percent at 12,003.47 while the Hang Seng Index was up 0.71 percent at 29,717.42. ** The smaller Shenzhen index was up 2.36 percent and the start-up board ChiNext Composite index was higher by 2.92 percent. ** Around the region, MSCI’s Asia ex-Japan stock index firmed 1 percent. ** The yuan was quoted at 6.3057 per U.S. dollar, 0.14 percent weaker than the previous close of 6.2969. ** The largest percentage gainers in the main Shanghai Composite index were Henan Ancai Hi-tech Co Ltd up 10.1 percent, followed by Shanghai Zhongyida Co Ltd gaining 10.05 percent and Lotus Health Group Co up by 10.04 percent. ** The largest percentage losses in the Shanghai index were ENN Ecological Holdings Co Ltd down 10 percent, followed by Zhonglu Co Ltd losing 6.43 percent and Zhonglu Co Ltd down by 5.61 percent. ** So far this year, the Shanghai stock index is down 4.6 percent, while China’s H-share index is up 2.5 percent. Shanghai stocks have declined 9.4 percent this month. ** The top gainers among H-shares were Air China Ltd up 7.02 percent, followed by Zhuzhou CRRC Times Electric Co Ltd gaining 4.83 percent and Guangzhou Automobile Group Co Ltd up by 3.84 percent. ** The three biggest H-shares percentage decliners were Huaneng Power International Inc which has fallen 1.90 percent, PetroChina Co Ltd which has lost 0.4 percent and China Pacific Insurance Group Co Ltd down by 0.3 percent. ** About 9.01 billion shares have traded so far on the Shanghai exchange, roughly 40.8 percent of the market’s 30-day moving average of 22.08 billion shares a day. The volume traded was 25.64 billion as of the last full trading day. ** As of 04:08 GMT, China’s A-shares were trading at a premium of 29.60 percent over the Hong Kong-listed H-shares. ** The Shanghai stock index is below its 50-day moving average and below its 200-day moving average. ** In Hong Kong, the sub-index of the Hang Seng index tracking energy shares dipped 0.1 percent while the IT sector rose 2.1 percent. The top gainer on Hang Seng was Sunny Optical Technology Group Co Ltd up 4.04 percent, while the biggest loser was Want Want China Holdings Ltd which was down 1.45 percent. (Reporting by Shanghai Newsroom; Editing by Kim Coghill)

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