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* Shanghai shares +1.1 pct, blue chips +1.2 pct
* Estimated badysts in March on bank credits
* HSI +0.6 pct; Deletion of tariff losses
* China exports upward; conclusion of trade negotiations with the United States
HONG KONG, April 15 (Reuters) – Chinese stocks rallied at a crossroads on Monday: increased home loans, improved export data and early signs of Sino-US trade talks. ** At the lunch break, the Shanghai Composite Index was up 1.1% at 3,224.45 points, while the CSI300 first-rate index gained 1.2%. Both indexes increased by more than 2% at some point during the session. ** The financial sector sub-index of CSI300 increased by 1.8%, consumer staples by 0.8%, real estate by 0.8%, and energy values by 0.6%. %. ** Shenzhen's smallest index rose 0.9% and the ChiNext Composite index of the new company rose 0.3%. ** New Chinese bank loans rebounded in March, increasing much more than badysts had hoped, as policymakers encouraged lenders to support struggling small businesses and revive lazy economic growth. This brought total bank lending in the first three months of 2019 to a record quarterly total of 5.81 billion yuan (866.22 billion US dollars). ** 10-year Chinese Treasury bill futures for delivery in June, the most traded contract, lost up to 0.68% early in trading on Monday, after improving data credit that stimulated risk appetite. ** "It seems that the national economy can collapse and rebound earlier (than expected). As the market is not short of cash and liquidity improves, this has given A shares a reason to bounce back, "said Kaiyuan Securities badysts, who believe the Shanghai Composite Index will reach 3,500 points in the first half of 2019. in a note on Monday. ** Jefferies badysts favor blue chips as loans progress. "The end result is that the stars remain aligned for the CSI 300 on sentiment, profit revisions and reverse monetary conditions. We remain modestly optimistic about the CSI 300 index within our overall badet allocation, "they said in a memo released Monday. ** Chinese exports rebounded and posted the strongest growth in five months, according to customs data released on Friday. The rise is partly due to seasonal factors, badysts said. Imports fell for a fourth straight month and at a faster pace. ** Two informed sources of talks on Sino-US trade talks told Reuters that Washington has softened demands for China to limit industrial subsidies to a trade deal after strong resistance from Beijing, signaling a reversal a fundamental American objective of the negotiations. ** US Treasury Secretary Steven Mnuchin said Saturday that he hoped Beijing and Washington "would get closer to the final round of final questions" and that the two sides would continue the talks by telephone this week. ** In Hong Kong, the Hang Seng index reached 30,280.12 points in the morning, a level never seen since the US imposed tariff restrictions on China in mid-June 2018. L & # 39; benchmark rose to 30,084.73 points at midday, up 0.6%. H shares gained 0.9%. ** Across the region, the ex-Japan MSCI Asia stock index strengthened 0.4%, while Japan's Nikkei rose 1.4%. ** At noon, China A shares traded at a 25.57% premium on H shares listed in Hong Kong.
($ 1 = 6,7073 Chinese yuan)
Reporting by Noah Sin, edited by Sherry Jacob-Phillips
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