* SSEC 0.4%, CSI300 0.2%, HSI -0.3%
* HK->Shanghai Connect daily quota used 4%, Shanghai->HK
quota used 3.2%
* FTSE China A50 +0.4%
SHANGHAI, March 12 (Reuters) - China stocks eked out gains
on Friday, underpinned by strength in infrastructure firms,
although Sino-U.S. tensions capped the rise.
** The CSI300 index rose 0.2%, to 5,139.87 at the
end of the morning session, while the Shanghai Composite Index
gained 0.4%, to 3,449.86.
** The CSI300 infrastructure jumped 3.9% and
was set for its best day since July 6, 2020, thanks in part to
its low valuations after underperforming the market for a long
** Chinese Premier Li Keqiang defended the government's
target for more than 6% economic growth this year, saying it is
"not low", and policies would not be dramatically loosened to
chase higher growth.
** Helping sentiment further, a retreat in U.S. bond yields
overnight eased global concerns about rising inflation.
** "Risk appetite could pick up again, as the U.S. yield
rally lost momentum for now," Yan Kaiwen, analyst with China
Fortune Securities, noted in a report.
** But, investors also watched negative developments around
** The United States on Thursday condemned Chinese moves to
change Hong Kong's electoral system and forecast "difficult"
talks with Beijing's top diplomats next week.
** Shares of Huawei suppliers retreated as the U.S.
administration added new limits on these companies.
** The Hang Seng index dropped 0.3% to 29,311.88,
while the Hong Kong China Enterprises Index gained 0.7%,
** Around the region, MSCI's Asia ex-Japan stock index
was firmer by 0.62% while Japan's Nikkei index
was up 1.37%.
** The yuan was quoted at 6.4875 per U.S. dollar,
** As of 0401 GMT, China's A-shares were trading at a
premium of 32.54% over the Hong Kong-listed H-shares.
(Reporting by Luoyan Liu and Andrew Galbraith; editing by