China shares down, HK muted as investors digest cross-border investment rules

lunes 14 de abril de 2014 01:09 GYT

* HSI +0.1 pct, H-shares -0.4 pct, CSI300 -0.4 pct

* CSI300FS sub-index down 1 pct on profit taking

* MMG Ltd shares up 6.5 pct on Peru copper mine deal

By Natalie Thomas

BEIJING, April 14 (Reuters) - China stocks fell on Monday, with financial shares losing 1.1 percent as investors locked in gains after last week's announcement that Hong Kong and China investors can buy shares in companies listed on each other's bourses.

Uncertainty in global markets weighed on investors' minds in Hong Kong, where shares had a muted morning, hovering around neutral for most of the first few hours of trade.

By midday, the Hang Seng Index was up 0.1 percent at 23,015.46 points. The China Enterprises Index of the top Chinese listings in Hong Kong dropped 0.4 percent.

The CSI300 index of the largest Shanghai and Shenzhen A-share listings was down 0.4 percent, while the Shanghai Composite Index was down 0.4 percent at 2,121.5 points.

China financial shares began the week with a downward adjustment in the CSI300 financial sub-index after it had jumped to its highest intraday level since mid-December late last week.   Continuación...