China shares extend losses on earnings, policy concerns

China shares extended losses on Friday and major indexes appeared headed for a quarterly decline as disappointing company earnings and fears of policy tightening soured investor sentiment.

The CSI300 index of the largest mainland-listed companies slid 0.4 per cent by midday, after diving 3.3 per cent in the previous session. The Shanghai Composite Index was down 0.1 per cent in light trading after sliding 2.8 per cent on Thursday.

Hong Kong markets were closed for the long Easter holidays and will reopen on Tuesday.

via Business feed http://www.scmp.com/business/money/stock-talk/article/1202476/china-shares-extend-losses-earnings-policy-concerns