Hong Kong and China shares fall, insurers drag

viernes 27 de junio de 2014 00:54 GYT
 

* HSI -0.2 pct, H-shares -0.8 pct, CSI300 -0.2 pct

* H-share index head for worst week in 2 months

* China insurers extend losses from June highs

* ChiNext at 3-month high helped by IPO resumption (Updates to midday)

By Grace Li

HONG KONG, June 27 (Reuters) - Hong Kong and China shares slipped on Friday after a strong rally the previous session, with losses led by Chinese insurers who pulled back from highs hit earlier in June.

By midday, the CSI300 of the leading Shanghai and Shenzhen A-share listings edged 0.2 percent lower, while the Shanghai Composite Index was off 0.4 percent at 2,031.62 points. On the week, they are up 0.4 and 0.2 percent, respectively.

The Hang Seng Index inched down 0.2 percent at 23,155.9 points, also down 0.2 percent this week largely due to hefty losses on Monday.

The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.8 percent, off 1.4 percent on the week, its worst since late April.   Continuación...