HK stocks close higher, led by tech shares; China stocks flat
Updates to market close
SHANGHAI, August 16 (Reuters) -Hong Kong shares ended the week higher, led by tech stocks, after earnings release by e-commerce giants helped lift sentiment, while China stocks were roughly flat.
** China's e-commerce giant JD.COM 9618.HK beat profit forecasts in the second quarter, while Alibaba Group Holding 9988.HK missed market expectations for its revenue.
** The Hang Seng Tech Index .HSTECH added 2.2%, with JD and Alibaba shares up by 8.9% and 4.8%, respectively.
** China's blue-chip CSI300 Index .CSI300 and the Shanghai Composite Index .SSEC closed up 0.1%. Hong Kong benchmark Hang Seng Index .HSI was up 1.9%.
** For the week, the CSI300 Index and the Hang Seng Index rose 0.4% and 2.0%, respectively.
** Share prices of Chinese antimony producers jumped by up to 10% following Beijing's decision to limit exports of strategic mineral of which it is the dominant supplier.
** China will stick to a supportive monetary policy and maintain policy stability, its central bank governor Pan Gongsheng said in an interview with state news agency Xinhua on Thursday.
** China's financial sector sub-index .CSI300FS rose 0.63%, while the consumer staples sector .CSI000912 and the real estate index .CSI000952 dropped 0.3% and 0.7%, respectively.
** The smaller Shenzhen index .SZSC ended down 0.3% and the start-up board ChiNext Composite index .CNT was weaker by 0.078%.
** The Hang Seng China Enterprises index .HSCE rose 2.1% to 6,161.9.
** Around the region, MSCI's Asia ex-Japan stock index .MIAPJ0000PUS was firmer by 1.64%, while Japan's Nikkei index .N225 closed up 3.64%.
** At 07:57, the yuan CNY=CFXS was quoted at 7.1727 per U.S. dollar, 0.04% firmer than the previous close of 7.1754.
Reporting by Shanghai Newsroom; Editing by Mrigank Dhaniwala
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