Hong Kong shares surrenders early gains, China head for fourth daily loss

A reversal of early gains in the mainland put Hong Kong on the defensive. The Hang Seng Index and the China Enterprises Index of the leading Chinese listings in Hong Kong each went into the midday break down 0.1 per cent.

China shares could post a fourth-straight daily loss on Tuesday, as mid-sized banks were dragging down the index at midday after official media reported that the country’s banking regulator has launched a nationwide probe of wealth management products.

via Business feed http://www.scmp.com/business/money/stock-talk/article/1189183/hong-kong-shares-surrenders-early-gains-china-head-fourth