HK stocks fall on bank concerns, China Mobile down

HONG KONG, April 22 (Reuters) - Hong Kong stocks dropped more
than 1 percent on Tuesday, with financial shares leading the fall
after weak quarterly results frmo Bank of America (BAC.N: Quote, Profile, Research, Stock Buzz)
triggered concerns that the credit crisis may have spilled over
to retail banks.

The benchmark Hang Seng Index opened down 1.06 percent at
24,460.64 on Tuesday, with China Mobile (0941.HK: Quote, Profile, Research, Stock Buzz) down more than
2 percent in the first few minutes of trade.

The China Enterprises Index of Hong Kong-listed mainland
companies, or H shares, eased nearly 1 percent to 12,885.71.
(Reporting by Alison Leung; Editing by Anne Marie Roantree)