* SSEC -0.1%, CSI300 +0.2%, HSI -0.1%
* Real estate index sags on slower home price growth
* Consumer staples support blue-chip index
SHANGHAI, Oct 20 (Reuters) - Shanghai shares edged lower on
Tuesday, as data showing a slower pace of growth in new home
prices dragged on stocks of banks, industrial firms and property
developers.
** New home prices in China grew at their slowest pace in more
than 4-1/2 years as tightening measures introduced by some big
cities to guard against a potential bubble weighed on a market
that has provided much-needed support to an economy hard-hit by
the novel coronavirus pandemic.
** At the midday break, the Shanghai Composite index was
down 0.13% at 3,308.31 points.
** The CSI300 real estate index was down 1.06% at
midday and the financial sector sub-index fell
0.53%.
** But the broader blue-chip CSI300 index gained 0.17%
after flitting between gains and losses in the morning session.
** The index was supported by the consumer staples sector
, which rose 1.57%. Economic data released Monday
showed that China's economic recovery quickened in the third
quarter, supported by growing consumption.
** Chinese H-shares listed in Hong Kong rose 0.08% to
9,986.42, while the Hang Seng Index was down 0.09% at
24,520.34.
** Hong Kong shares of Chinese e-commerce giant Alibaba Group
Holding Ltd touched a record high after Alibaba-backed
Ant Group