* SSEC 0.1%, CSI300 0.2%, HSI -0.1%
* HK->Shanghai Connect daily quota used -2.1%, Shanghai->HK
daily
quota used 3%
* FTSE China A50 flat
BEIJING/SHANGHAI, Dec 2(Reuters) - China stocks edged up on
Wednesday, led by gains in property shares, as investors
continue to ride on better-than-expected manufacturing data and
hopes of continued economic recovery.
** At the midday break, the Shanghai Composite index
was up 0.09% at 3,454.96 points.
** China's blue-chip CSI300 index was up 0.15%,
while the start-up board ChiNext Composite index was
weaker by 0.67% and Shanghai's tech-focused STAR50 index
was up 0.96%.
** Leading the gains, the real estate sub-index
rose 1.78% by the mid-day break, heavyweight Greenland Holdings
Copr Ltd added 1.5%, while Gemdale Corp
advanced 1%.
** The smaller Shenzhen index was up 0.14%.
** 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 on Wednesday.
** Bank shares also fuelled the gains. A Bank of China
report suggested that China's banking sector is likely to show
annual profit growth of 2% to 3% in 2021, as banks will make
fewer profit sacrifices to support the real economy next year,
with the loan-loss provision boost back to normal levels.
** Chinese H-shares listed in Hong Kong fell 0.64%
to 10,591.74, while the Hang Seng Index was down 0.07% at
26,548.78.
** Around the region, MSCI's Asia ex-Japan stock index
was firmer by 1.21%, while Japan's Nikkei index
was up 0.02%.
(Reporting by Cheng Leng in Beijing, Luoyan Liu and Andrew
Galbraith in Shanghai; Editing by Vinay Dwivedi)