HK shares at 2-wk closing low; China stocks edge down

* China banks, properties slip on concern over policy changes

* China Unicom jumps on iPhone deal speculation

* Chinese brokerages gain on IPO talk (Updates to close)

By Parvathy Ullatil and Claire Zhang

HONG KONG, July 8 (Reuters) - Chinese bank stocks slipped in both the Hong Kong and the Shanghai markets on Wednesday as investors worried that China may reverse its easy monetary policies following a strong surge in new lending in the first half.

Senior regulators in China on Tuesday warned that the country's massive infrastructure lending was posing increasing risks for the banking system. [ID:nPEK15595]

Bill and bond yields had been rising recently on signs that the central bank was starting to tighten its liquidity policy, with worries over a possible policy shift also weighing on the stock market, analysts in Shanghai said.

Industrial and Commercial Bank of China (601398.SS: Quotazione), Construction Bank (601939.SS: Quotazione) and Bank of Communications (601328.SS: Quotazione) all sagged by about 3 percent.

China Merchants Bank (3968.HK: Quotazione)(600036.SS: Quotazione) dropped 3.7 percent in Hong Kong and 1.9 percent in Shanghai. China's sixth-largest lender was planning a rights share offer to raise about $3 billion before year-end, as it seeks to boost its capital after overpaying for a recent acquisition, investment banking sources told Reuters on Wednesday.