SHANGHAI, Sept 23 (Reuters) - China stocks inched higher on
Wednesday, led by gains in healthcare shares after the state
planner said the country will accelerate development of
** At the midday break, the Shanghai Composite index was
up 0.02% at 3,275.09. China's blue-chip CSI300 index
was up 0.13%. Healthcare shares led gains in the broader market,
with its sub-index jumping 3.65%.
** The National Development and Reform Commission (NDRC) said on
Wednesday China will speed up development of vaccine innovation,
diagnostic, testing reagents and antibody drugs.
** Meanwhile, U.S. President Donald Trump told the United
Nations General Assembly China must be held accountable for
having "unleashed" COVID-19 on the world. Beijing accused him of
"lies" and abusing the U.N. platform to provoke confrontation.
** Major Chinese liquor makers fell more than the broader
market, as authorities showed concerns over continued price
hikes in high-end liquor products that could stoke resurgence of
recreational activities using public funds. Kweichow Moutai Co
Ltd fell as much as 2.7% in morning trade.
** Chinese H-shares listed in Hong Kong fell 0.16% to
9,561.75, while the Hang Seng Index was down 0.01% at
** In Hong Kong, the sub-index of the Hang Seng index tracking
energy shares dipped 0.9% while the IT sector
** The smaller Shenzhen index was up 0.5%, the start-up
board ChiNext Composite index was higher by 1.47% and
Shanghai's tech-focused STAR50 index was up 2.63%.
** Around the region, MSCI's Asia ex-Japan stock index
was weaker by 1.01% and Japan's Nikkei index
was down 0.39%.
** The yuan was quoted at 6.7948 per U.S. dollar,
0.19% weaker than the previous close of 6.7818.
(Reporting by Winni Zhou and Andrew Galbraith; editing by