shanghai jan 17 reuters  china stocks rose on monday after the countrys economy grew faster than expected in the final quarter of 2021 but the growth was still at its weakest pace in oneandhalf years prompting the central bank to unexpectedly cut loan rates the csi300 index csi300 rose 09 to 476759 points at the end of the morning session while the shanghai composite index ssec gained 06 to 354203 points the hang seng index hsi dropped 06 to 2424011 points the hong kong china enterprises index hsce lost 10 to 847022  chinas gross domestic product gdp expanded 40 in the octoberdecember period from a year earlier and the economy grew 81 in 2021 faster than a forecast 80 read more  we expect frontloaded policy support to prevent growth from falling significantly below 5 in 2022 this includes the mlf rate cut today more generally we expect strong infrastructure spending robust credit growth and support for the real estate sector this year said louis kuijs head of asia economics at oxford economics  real estate developers csi000952 gained 17 after china expected the operation of its property market to keep pace with steady growth of investment in the sector this year  information technology firms csiint and semiconductors csih30184 added more than 2 each after president xi jinpings essay on strengthening regulation and governance to boost chinas digital economy read more  new energy shares csi399808 machinery firms csi000812 and automobiles csi931008 rose between 17 and 2  in hong kong the hang seng tech index hstech fell 1 with tencent holdings 0700hk and meituan 3690hk down 17 and 21 respectively  sands china ltd 1928hk surged 155 to become the biggest percentage gainer on the hang seng index and a subindex tracking gaming stocks listed in hong kong csicesg10 jumped 9  macaus government announced that the number of new casino operators allowed to function in the worlds largest gambling hub would be limited to six with an operating period of up to 10 years read more