Hong Kong shares nudged off 3½-month high, China slips

Hong Kong shares fell from a 3½-month high on Tuesday, while China markets looked set for their first loss in five days, hurt by a series of fund raising moves and Goldman Sachs’ exit from Industrial and Commercial Bank of China.

At midday, the Hang Seng Index was down 0.5 per cent at 23,375.5 points after closing on Monday at its highest since early February. The China Enterprises Index of the top Chinese listings in Hong Kong shed 1.1 per cent.

The Shanghai Composite Index and the CSI300 of the leading Shanghai and Shenzhen A-share listings each slipped 0.2 per cent.

via Business feed http://www.scmp.com/business/money/stock-talk/article/1242744/hong-kong-shares-nudged-312-month-high-china-slips