Most institutions rated theproperty sector a buy due to rising sales and prices analystssaid

Most institutions rated theproperty sector a "buy" due to rising sales and prices, analystssaid. (Reporting by Parvathy Ullatil in HONG KONG and Claire Zhang inSHANGHAI; Editing by Edmund Klamann and Chris Lewis) China. HONG KONG, July 3 (Reuters) - Casino operator Melco CrownEntertainment Ltd (MPEL.O) generated about $1.94 billion in totalrolling chip volume in June, with 1.2 million players visitingits new Macau resort City of Dreams, said parent company MelcoInternational Development Ltd (0200.HK). [ID:nSHA277333] * Coal and power shares climbed after news that power outputrose 3.6 percent in June from a year earlier, the first increasein a non-holiday month since October Datang Power (601991.SS)jumped 3.99 percent to 8.60 yuan.

* Shenhua Energy (601088.SS) gained 2.33 percent to 32.54yuan. The official China Securities Journal cited unnamed companyexecutives as saying it planned to increase its annual productioncapacity to 400 million tonnes by 2014, up from 190 milliontonnes this year. * "There's a smooth rotation among rising sectors, moneyinflows are exceeding outflows in the market and sentiment isholding up despite Wall Street's loss, with the economicsituation in China much better than overseas. The index couldkeep rising," said CITIC-Kington Securities analyst QianXiangjing. * The official Shanghai Securities News on Friday reportedthat new lending by Chinese banks was likely to exceed 10trillion yuan ($1.46 trillion) this year, even as bank regulatorswarned about risks from improper loans.

* Gaining Shanghai A shares edged out losers by 475 to 439,while turnover in Shanghai A shares slipped to 85.5 billion yuan($12.5 billion) from Thursday morning's heavy 100.3 billion yuan. Thecompany posted a profit of 190.5 million yuan in the same perioda year earlier.SHANGHAI * The Shanghai Composite Index .SSEC ended the morning up0.26 percent at 3,068.298, after rising to a 13-month intradayhigh for a fifth consecutive session. * Hunan Nonferrous Metals (2626.HK) shed 3.1 percent after itwarned of losses in the six months ended in June as the averageselling price of lead and zinc products remained low and demandfor tungsten and antimony products were unsatisfactory. * Melco Crown's City of Dreams casino in the Chinese gamblingnotched up a rolling chip turnover of $1.94 billion in itsopening month in June, but the casino only won 0.8 percent ofthose bets compared with an expected win rate of 2.85 percent. * The China Enterprises Index .HSCE, which represents toplocally listed mainland Chinese stocks, slipped 0.6percent to 10,906.85. * Coal stocks rose on Friday after following a news reportthat China's power output in June increased 3.6 percent from ayear earlier, its first increase since October. The world's most valuable coal miner China Shenhua (1088.HK)rose 1.4 percent, while Yanzhou Coal (1171.HK) inched up 0.4percent.* Casino operator Melco International Development (0200.HK)dropped 5.5 percent to HK$3.94 after Credit Suisse cut its ratingon the stock, and on shares of its 34.06 percent owned associateMelco Crown Entertainment Ltd (MPEL.O) to "underperform" from"neutral" following the below-expectations debut of its newcasino in Macau.

"The market fell every day this week, so a lot of thenegative impact from the employment data seems to have beendiscounted. The main index will continue to move between 17.500and 19,000," said Jackson Wong, investment manager with TanrichSecuritis. * The local market managed to outperform the sharp drop onWall Street overnight. *Asia's biggest oil refiner Sinopec Corp (0386.HK) advanced1.7 percent to HK$5.97 as crude oil fell towards $66 per barrelafter the latest U.S. payroll data signalled the world was stillgrappling with a deep recession.