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* HK-> Daily Shanghai Connect used 100%, Shanghai-> HK Daily used 3.3%
* HSI -0.5 pct, HSCE -0.7 pct, CSI300 -0.4 pct
* FTSE China A50 -0.3 pct, BNY Mellon ADR China Select Index +0.0 pct
SHANGHAI, April 18 (Reuters) – Hong Kong stocks fell Thursday to below 30,000, a psychologically key level of resistance, as investors made profits while waiting for new economic rebound catalysts on the continent. .
** The Hang Seng index fell 0.5% to 29,963.26 points, while the Chinese companies index lost 0.7% to close at 11,768.63 points.
** China's economy grew at a brisk pace of 6.4% in the first quarter, data showed on Wednesday, defying any expectation of a further slowdown, with industrial output rising sharply and consumer demand showing signs improvement.
** With the stabilization of the Chinese economy largely underpinned by a strong recovery so far this year, investors have become cautious while waiting for evidence of the sustainability of the recovery.
** Most sectors fell, mainly those of materials and IT companies.
** Across the region, the MSCI Asia-Japan ex-Japan stock index was 0.44% lower, while Japan's Nikkei index closed down 0.84%.
** The yuan was quoted at 6,704 for a US dollar at 08:14 GMT, 0.24% lower than the previous close of 6,688.
** The companies with the largest H shares were China Tower Corp Ltd (+ 5.24%), followed by China Gas Holdings Ltd (+ 1.23%) and Shenzhou International Group Holdings Ltd (+0, 97%).
** The three largest percentage declines in H shares were Byd Co Ltd, down 4.02%, Guangzhou Automobile Group Co Ltd., down 3.6% and Haitong Securities Co Ltd down 2, 4%.
** About 1.62 billion shares of the Hang Seng Index were traded, about 85.6% of the 30-day moving average market, or 1.89 billion shares per day. The volume negotiated at the previous trading session was $ 2.10 billion.
** At closing, China A shares traded at a premium of 26.62% over H shares listed in Hong Kong. (Report by the Shanghai Newsroom, edited by Rashmi Aich)
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