* HK->Shanghai Connect daily quota used -0.1%, Shanghai->HK
quota used 1.5%
* HSI -0.5%, HSCE -0.5%, CSI300 -0.1%
* FTSE China A50 -0.3%
June 7 (Reuters) - Hong Kong stocks dipped on Monday, with
gains for consumer firms offset by losses for financial and IT
companies, as investors reacted to mixed China trade data.
** At the close of trade, the Hang Seng index was
down 130.82 points or 0.45% at 28,787.28. The Hang Seng China
Enterprises index fell 0.53% to 10,748.2.
** The sub-index of the Hang Seng tracking consumer staples
rose 1.2%, the IT sector dipped 0.92%, while
the financial sector ended 0.44% lower.
** The top gainer on the Hang Seng was WH Group Ltd
, which gained 7.71%, while the biggest loser was Geely
Automobile Holdings Ltd, which fell 5.17%.
** China's imports grew at their fastest pace in 10 years in
May, fuelled by surging commodity prices, while export growth
missed expectations, likely weighed by disruptions caused by
COVID-19 cases at major ports in the country's south.
** Birth- and fertility-related stocks also retreated, after
Moody's said China's new policy allowing couples to have up to
three children was unlikely to dramatically change the national
** It's a good time to buy internet firms listed in Hong
Kong, which have yet to recoup their lost ground amid anti-trust
concerns, as those firms have solid growth potential, analysts
at Ping An Securities noted in a report.
** The Hang Seng tech index eased 0.7% on Monday,
still off 27% from a record high hit in mid-Feb.
** Around the region, MSCI's Asia ex-Japan stock index
was weaker by 0.03%, while Japan's Nikkei index
closed up 0.27%.
** The yuan was quoted at 6.3947 per U.S. dollar
at 08:20 GMT, 0% firmer than the previous close of 6.395.
** At the close, China's A-shares were trading at a premium
of 38.25% over Hong Kong-listed H-shares.
(Reporting by the Shanghai Newsroom)