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http://uk.reuters.com/article/2013/08/12/markets-hongkong-china-stocks-idUKL4N0GD0AY20130812 * HSI +1.7 pct, H-shares +2.4 pct, CSI300 +1.7 pct * China data helps lift traditional cyclicals * Gains come in improved turnover as bearish bets trimmed * Tencent adds to 2013 rise ahead of Wednesday earnings HONG KONG, Aug 12 (Reuters) - Hong Kong and China shares started the week strongly as solid economic data released late Friday on the world's second-largest economy buoyed cyclical sectors from coal to cement and heavy machinery. Monday's gains came in the highest Hong Kong midday turnover in about a month, while Shanghai volumes also improved, suggesting investors could be returning, mostly to cut some bearish bets. At midday, the Hang Seng Index was up 1.7 percent at 22,170.7 points, its highest in a week. The China Enterprises Index of the top Chinese listings in Hong Kong climbed 2.4 percent. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 1.7 percent, while the Shanghai Composite Index gained 1.3 percent. Both were at their highest intra-day levels in about a month. "We are seeing some follow-through momentum from last week's China data that is lifting some more pressure on the traditional cyclical sectors like coal and cement," said Alex Wong, Ample Finance's director of asset management. "There has to be an element of short covering given how heavily shorted some of these names were before last week, but it's all about positioning," Wong added. China data released after markets shut on Friday showed new bank loans and money supply grew better than expected in July, even though a broad measure of liquidity fell from the previous month. Mid-sized lender China Minsheng Bank spiked 6.2 percent in Hong Kong and 4.4 percent in Shanghai. Ping An Bank rose 4.3 percent in Shenzhen and Industrial Bank gained 5.3 percent in Shanghai. Coal and cement counters extended recent gains as physical prices showed nascent sign

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