Hong Kong shares fall on profit-taking, China stocks edge gains

martes 2 de septiembre de 2014 00:37 GYT

* HSI -0.6 pct, H-shares -1.1 pct, CSI300 +0.1 pct

* Chinese port firms rise on policy support expected on Wednesday

* HSBC slips after UK fund manager dumps shares

* CNBM leaps helped by Credit Suisse upgrade (Updates to midday)

By Grace Li

HONG KONG, Sept 2 (Reuters) - Hong Kong shares fell to three-week lows on Tuesday weighed down by profit-taking, while the Chinese onshore markets eked out slim gains thanks to outperforming port and liquor stocks.

By midday, the Hang Seng Index was down 0.6 percent at 24,613.83 points. The China Enterprises Index of the top Chinese listings in Hong Kong shed 1.1 percent to its lowest since Aug. 8.

The CSI300 of the leading Shanghai and Shenzhen A-share listings inched up 0.1 percent, while the Shanghai Composite Index rose 0.3 percent at 2,242.24 points. Both swung between negative and positive territory in morning trade.

"Hong Kong has seen some profit-taking above the 25,000-point level," said Steven Leung, sales director at brokerage UOB Kay Hian in Hong Kong. "At the moment we don't see any positive news other than some good earnings... so people are just taking a break before the market moves on."   Continuación...