China stocks lower after GDP data as traders weigh prospects for stimulus measures
Updates at 0215 GMT
SHANGHAI/SINGAPORE, Oct 18 (Reuters) -Chinese stocks were subdued on Friday, heading for a second week of losses after data showed the economy expanded slightly beyond analysts' expectations, keeping up pressure on policymakers for more stimulus.
The blue-chip CSI300 Index .CSI300 was down 0.4%, while the Shanghai Composite Index .SSEC eased 0.33% in early trade after the data. Hong Kong's benchmark Hang Seng .HIS was little changed.
China's economy expanded 4.6% in the third quarter from a year earlier, official data showed, surpassing the 4.5% figure expected in a Reuters poll of economists, slowing from the previous quarter's 4.7%.
China stocks are down roughly 15% from an Oct. 8 peak after a turbulent few weeks, as caution has outpaced the euphoria that brought a surge of more than a fifth in just a week in late September after Beijing's stimulus measures.
They fell sharply on Thursday after a closely-watched housing policy briefing disappointed investors for lack of fresh stimulus measures.
For the year, however, the CSI300 index is up 10%, while the Shanghai index is up nearly 7%.
Shanghai and Singapore newsroom; Editing by Christopher Cushing and Clarence Fernandez
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