China, Hong Kong stocks fall on rising risk concerns
* CSI300 -0.6 pct; SSEC -0.8 pct; HSI -0.6 pct
* Risks in China's credit, commodities market hurt sentiment
* Zoomlion shares drop after worse quarterly performance on record
SHANGHAI, April 25 (Reuters) - China and Hong Kong stocks fell on Monday morning, as growing concerns over risks in debt and commodities markets on the mainland curbed investor risk appetite.
The blue-chip CSI300 index fell 0.6 percent, to 3,156.01 points by the lunch break, while the Shanghai Composite Index lost 0.8 percent, to 2,935.03 points.
In Hong Kong, the Hang Seng index lost 0.6 percent, while the Hong Kong China Enterprises Index declined 1.2 percent.
Investors are getting increasingly nervous about China's debt market, which has witnessed a slew of defaults this year, including those by state-owned enterprises (SOEs).
Risks are also building in China's commodities market, where feverish trading in products such as rebar - a reinforcing steel bar used in concrete - led to regulators' crackdown on speculation.
Investor anxiety further deepened on Monday when state media reported another scam in China's risk-laden shadow banking sector involving about 1 billion yuan ($154 million). Continuación...