Hong Kong shares dragged lower by Tencent, China shares down
* HSI -0.5 pct, H-shares -0.2 pct, CSI300 -0.9 pct
* CITIC Pacific shares up after parent injects assets
* Tencent drops 6.1 percent (Updates to midday)
By Alice Woodhouse and Natalie Thomas
HONG KONG/SHANGHAI, March 27 (Reuters) - Hong Kong shares fell on Thursday, dragged down by index tech heavyweight Tencent Holdings after U.S-listed peers declined, while CITIC Pacific Ltd. jumped after its parent company injected assets into the firm.
On mainland markets, shares edged downward as enthusiasm over last Friday's preferred shares announcement by China's securities regulator continued to wear off.
"We've seen some short-term profit-taking activity as investor expectations cooled yesterday and today, though fundamental attitudes to the market have not changed," said Tian Weidong, head of research at Kaiyuan Securities.
By midday, the Hang Seng Index was down 0.5 percent at 21,785.86 points. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.2 percent.
The CSI300 fell 0.9 percent, while the Shanghai Composite Index was down 0.8 percent at 2,048.29 points. Continuación...