Reuters: Hot Stocks: Hong Kong shares rise 1 pct, mainland China markets mixed after PBOC comments

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Hong Kong shares rise 1 pct, mainland China markets mixed after PBOC comments Jun 26th 2013, 01:54 HONG KONG, June 26 | Tue Jun 25, 2013 9:54pm EDT HONG KONG, June 26 (Reuters) - Hong Kong shares rose 1 percent in early trade on Wednesday after China's central bank sought to ease fears of a credit crunch, while Shanghai stocks were mixed. At 0146 GMT, the Hang Seng Index was up 1 percent at 20,047.33 points. The China Enterprises Index of the top Chinese listings in Hong Kong rose 2 percent. In mainland China, the CSI300 of the leading Shanghai and Shenzhen listings rose 0.6 percent, while the Shanghai Composite Index slipped 0.1 percent. China's central bank said later on Tuesday it will not turn the screws too hard on banks in its drive to curb easy credit, seeking to allay fears of a banking crisis that had driven Shanghai shares to their lowest in nearly 4-1/2 years on Tuesday.

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