* SSEC -0.1%, CSI300 flat
* HK->Shanghai Connect daily quota used 0.2%, Shanghai->HK
daily
quota used 7.8%
* FTSE China A50 -0.1%
BEIJING/SHANGHAI, Dec 2 (Reuters) - China stocks erased
earlier gains to end nearly flat on Wednesday, with gains in
property stocks offset by losses in healthcare, as investors
took a breather following a recent rally on upbeat data pointing
to a continued economic recovery.
** At the close, the Shanghai Composite index was
down 0.07% at 3,449.38.
** The index hit its highest since February 2018 earlier in
the session, as investors cheered better-than-expected
manufacturing data and hopes of continued economic recovery.
** China's blue-chip CSI300 index ended flat,
while the start-up board ChiNext Composite index was
0.57% lower. Shanghai's tech-focused STAR50 index
closed up 0.3%.
** Leading the gains, the real estate sub-index
rose 0.96% by the end of the session, with heavyweight Greenland
Holdings Corp Ltd gaining 2.63%.
** The sub-index tracking blue-chip healthcare stocks
retreated 0.42%.
** The smaller Shenzhen index was up 0.16%.
** China's factory sector activity grew at its fastest pace
in a decade in November, a business survey showed on Tuesday, as
the economy rebounds to pre-pandemic levels.
** The virus infection situation remains stable, as mainland
China reported nine new COVID-19 cases on Dec. 1, down from 12
cases a day earlier, the country's national health authority
said.
** U.S. President-elect Joe Biden has said that he will not
immediately act to remove the Phase 1 trade agreement, which
President Donald Trump inked with China, the New York Times
reported.
** Around the region, MSCI's Asia ex-Japan stock index
was firmer by 1.21%, while Japan's Nikkei index
closed up 0.05%.
(Reporting by Cheng Leng in Beijing, Luoyan Liu and Andrew
Galbraith in Shanghai; Editing by Rashmi Aich)