China shares edge lower on supply concerns, Hong Kong weaker
* HSI -0.2 pct, H-shares -0.5 pct, CSI300 -0.2 pct
* Favorable macro-policy expectations yet to lift sentiment
* ChiNext snaps six-day winning streak down 0.8 pct
* CSPC Pharma slides after major shareholder sells shares (Updates to midday)
By Grace Li
HONG KONG, May 27 (Reuters) - China shares eased slightly after the morning session on Tuesday, as positive signals from Beijing on policy fine-tuning to support economic growth failed to lift market sentiment.
Hong Kong tracked losses in Chinese markets, with H-shares down more than half a percent on profit-taking.
"We can see a striking contrast between strong expectations, stemming from signs of possible easing on money and property policies, and how calm the markets have behaved," said Guo Yanling, senior analyst at Shanghai Securities.
"Investors still lack confidence due to concerns about new IPOs which will end up diluting capital," she added. Continuación...