HK shares sink to Aug levels on credit woes

(Updates to open)

HONG KONG, March 17 (Reuters) - Hong Kong stocks tumbled on
Monday as fresh credit woes surfaced in the wake of Bear Stearns'
BSC.N sudden cash crunch, sparking a broad sell-off and pushing
blue chips to levels last seen in August when credit market
turmoil sent global markets reeling.

The benchmark Hang Seng Index .HSI opened down 4.1 percent
at 21,318.03. The China Enterprises Index of Hong Kong-listed
mainland companies .HSCE, or H shares, was down 6.5 percent at
11,121.77.
(Reporting by Rita Chang; Editing by Edmund Klamann)