China Equity-Index Futures Little Changed on Output, HousingChina��s stock-index futures were little changed after data showed manufacturing grew at the fastest pace in five months, while home prices fell for the first time in two years.

Futures on the CSI 300 Index expiring in June added 0.1 percent to 2,155.20 at 9:19 a.m. local time.

The Shanghai Composite Index rose 0.1 percent to 2,039.21 on May 30, ending the month 0.6 percent higher. Factory growth added to evidence that government measures to counter the slowdown in the world��s second-biggest economy are gaining traction. The cabinet said last week it would cut reserve requirements for some lenders, as authorities contend with a property-market slump.

The CSI 300 index advanced 0.1 percent to 2,156.46 on May 30. The Hang Seng China Enterprises Index, also known as the H-share index, rose 0.6 percent. Markets in China and Hong Kong were closed for holidays yesterday, when the Bloomberg China-US Equity Index climbed 0.5 percent.

Source : Bloomberg