Banks lead declines in China stocks, HK autos down

martes 15 de abril de 2014 01:14 GYT

* HSI -1.1 pct, H-shares -1.4 pct, CSI300 -1.0 pct

* Banks down on mainland after weak data

* HK auto shares retreat after strong earnings amid regulatory concerns

By Natalie Thomas

BEIJING, April 15 (Reuters) - China shares fell on Tuesday as weak banking stocks weighed on sentiment after data showed the country's money supply grew at its slowest pace in more than a decade and loan growth slowed.

Hong Kong stocks also fell, dragged lower by auto shares, which shed some of the gains seen over the past few days after positive earnings data. The sector is also being affected by uncertainties over regulations that may curb demand.

By the midday break, the CSI300 index of the largest Shanghai and Shenzhen A-share listings was down 1.0 percent, while the Shanghai Composite Index eased 0.8 percent to 2,114.6 points.

The Hang Seng Index was down 1.1 percent at 22,788.68 points. The China Enterprises Index of the top Chinese listings in Hong Kong dropped 1.4 percent.

Banking shares led the decline on the mainland, with the CSI300 banking sub-index falling 1.6 percent after China's money supply grew at its weakest pace in more than a decade in March. Analysts said a depreciation in the yuan appeared to have slowed capital inflows and the build-up of foreign exchange reserves.   Continuación...