China and Hong Kong stocks fall as commercial fears resurface | Agricultural products

* SSEC -0.6 PCT, CSI300 -0.9 PCT, HSI -0.7 PCT

* HK-> Shanghai Connect daily quota used 1.2 pct

* Shanghai-> Daily quota HK used 0 PCT

* FTSE The Select China BNY Mellon ADR +2.4 pct Index

SHANGHAI, July 26 (Reuters) – China and Hong Kong stocks fell on Thursday, fears of the commercial war has resurfaced. ** The CSI300 index fell 0.9% to 3,546.66 at the end of the morning session, while the Shanghai Composite Index lost 0.6% to 2,885.29 . ** The Hang Seng index fell 0.7% to 28,707.91, while the Hong Kong China Enterprises index lost 0.7% to 10,991.91. The Chinese state planner promised Wednesday to prevent many job losses in the economy and keep unemployment below existing thresholds, as trade friction with the United States has created uncertainty in the labor market. "The escalation of Sino-US trade frictions has brought uncertainties to the economic development of our country and particularly to the stability of employment," Ha Zengyou, a senior planner with # 39; State. US President Donald Trump Wednesday accused China of targeting US farmers in a "vicious" manner and using them as leverage to obtain trade concessions the day after the announcement by the administration of a $ 12 billion agricultural badistance program.

** The prospect of weaker growth has led to a loosening of fiscal policy in China as the authorities try to ward off a slowdown. More recently, the central bank of China has announced to some national banks that it would alleviate a capital requirement to support loans. ** In the region, the MSCI Asia ex-Japan index was up 0.10%, while the Japanese Nikkei index was down 0.15%. ** The yuan was quoted at 6.769 per US dollar, 0.08% lower than the previous close of 6.7638. ** The Lotus Health Group Co group grew by 10.24%, followed by Tianjin Songjiang Co Ltd (10.18%) and Tianjin Quanyechang Group Co Ltd (10.09%). ** The largest percentage losses of the Shanghai index were the 9.48% drop for Jiangsu New Energy Development Co., followed by 9.47% for Red Avenue New Materials Group and 8.82% % for Dynagreen Environmental Protection Group. ** The best gains among H shares were Huaneng Power International Inc up 2.56%, followed by Guangdong Investment Ltd. gaining 1.65% and SINOPHARM GROUP CO LTD up 1.38%. ** The three largest drops in shares of H-shares were Guangzhou Automobile Group Co Ltd which fell by 3.42%, China Merchants Bank Co Ltd which lost 2.1% and China Railway Group Ltd down 1 , 9%. ** About 9.75 billion shares have been traded up to now on the Shanghai Stock Exchange, or about 71.0% of the 30-day moving average market of 13.73 billion yuan. actions per day. The volume traded was 16.78 billion on the last day of full trading. ** At 04:06 GMT, Chinese A shares traded at a premium of 18.37% over H shares listed in Hong Kong. ** The Shanghai Stock Index is below its 50-day moving average and below its 200-day moving average. ** The price / earnings ratio of the Shanghai index was 12.63 on the last full trading day while the dividend yield was 2.6%. ** So far this week, the market capitalization of the Shanghai Stock Exchange rose 2.69% to 30.77 billion yuan.