China stocks slip from 5-year highs as financials fall

martes 6 de enero de 2015 00:31 GYT

* SSEC -1 pct, CSI300 -1.2 pct, HSI -1.5 pct, HSCE -1.8 pct

* Bullish China financial shares retreat in morning session

* Weak U.S., mainland markets sap Hong Kong sentiment

Jan 6 (Reuters) - China stocks edged down from more than 5-year highs on Tuesday as financial shares fell in mainland markets and Hong Kong.

The CSI300 index fell 1.2 percent, to 3,598.76 points at the end of the morning session, while the Shanghai Composite Index lost 1.0 percent, to 3,315.70 points.

Both indices hit their highest points since late 2009 on Monday and flirted with further gains early in the morning session before falling back.

The CSI300 financial sub-index, whose constituents have led the recent stock rally, fell 3 percent.

Previous drops in the sub-index have failed to stop the overall upward trajectory in financial shares as the prospect of further monetary easing drives positive sentiment.

China CSI300 stock index futures for January fell 2.7 percent, to 3,619.2, 20.44 points above the current value of the underlying index.   Continuación...