September 24, 2009 / 8:19 AM / 8 years ago

HK shares end 2.5 pct lower; MCC, banks fall

 HONG KONG, Sept 24 (Reuters) - Hong Kong shares ended lower on Thursday as index heavy weighted banks such as HSBC (0005.HK) and China Construction Bank (0939.HK) fell, while new listing Metallurgical Corp of China (1618.HK) dived, hiting sentiment.
 Shares of MCC fell 11.5 percent from their issue price to end at HK$5.62, the worst Hong Kong trading debut this year as investors judged the stock was too pricey given an uncertain outlook for China's steel industry.
 The benchmark Hang Seng Index .HSI fell 2.52 percent to 21,050.73, the lowest close since Sept. 15.
 The China Enterprises Index .HSCE of top locally listed mainland Chinese stocks lost 3.09 percent to 12,047.25.  (Reporting by Donny Kwok; Editing by Jacqueline Wong)                                

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