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HK stocks fall 2.8 pct; China financials down

Sun Apr 13, 2008 10:17pm EDT

Stocks

   

HONG KONG, April 14 (Reuters) - Hong Kong stocks fell 2.84 on Monday, tracking a slide in overseas markets, with mainland stock markets in focus after a report said China had called for a halt to A-share listings of China-backed red chips in Shanghai.

The Hang Seng Index .HSI opened at 23,968.04, with Chinese banking and financial stocks leading the slide. ICBC (1398.HK) fell 2.93 percent, China Construction Bank (0939.HK) plunged 3.13 percent, and China Life (2628.HK) dived 4.12 percent.

The China Enterprises Index of Hong Kong-listed mainland companies .HSCE, or H shares, opened down 3.26 percent at 12,922.20. (US$1=HK$7.8) (Reporting by Donny Kwok; Editing by Keiron Henderson)



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