China, HK shares fall on uncertainty over stock trading scheme

lunes 27 de octubre de 2014 00:45 GYT
 

* HSI -0.9 pct, H-shares -1.0, CSI300 -1.0 pct

* Brokerages fall on Hong Kong-Shanghai stock scheme delay

* Mainland shares at lowest level since early Sept

By Kazunori Takada

SHANGHAI, Oct 27 (Reuters) - Hong Kong and mainland Chinese shares fell on Monday, dragged lower by falls in brokerages on uncertainty over the launch of a scheme linking the Hong Kong and Shanghai exchanges.

Key mainland indexes were also dragged to their lowest levels since early September after a key Communist Party meeting last week ended without any announcement of major policies to support the economy, analysts said.

The Shanghai Composite Index was down 0.6 percent at 2,287.6 points by the midday break while the CSI300 of the leading Shanghai and Shenzhen A-share listings fell 1 percent.

In Hong Kong, the Hang Seng Index edged down 0.8 percent to 23,105.6 points. The China Enterprises Index of the top Chinese listings in Hong Kong fell 1 percent.

"The delay (of the stock scheme) is the main reason," said Andy Wong, senior investment analyst at Harris Fraser (International) Ltd in Hong Kong.   Continuación...