China shares slipped on Tuesday as investor concerns about the economy and risks posed by shares pledged for loans continued to hamper sentiment.
At midday, the Shanghai Composite index was down 1.37 per cent at 2,618.42 points. The blue-chip CSI300 index was down 1.64 per cent, with its financial sector sub-index lower by 0.92 per cent.
The consumer staples sector fell 4.4 per cent, the real estate index lower 1.53 per cent and the healthcare sub-index down 1.87 per cent.
Chinese H-shares listed in Hong Kong were 1.76 per cent lower at 10,306.46, while the Hang Seng Index was down 2.03 per cent at 25,622.83.
Wynn Macau was 6.41 per cent lower and Sands China Ltd was down 4.27 per cent.
The smaller Shenzhen index was down 1.23 per cent and the start-up board ChiNext Composite index was 1.06 per cent weaker.
The yuan was quoted at 6.9418 per US dollar, 0.04 per cent firmer than the previous close of 6.9444.
The largest percentage gainers on the main Shanghai Composite index were Shanghai Greencourt Investment Group Co Ltd, up 10.1 per cent, followed by Jiangsu Nanfang Medical Co Ltd, gaining 10.03 per cent, and Shenyang Commercial City Co Ltd, up by 10.02 per cent.
The largest percentage losers on the Shanghai index were Xilinmen Furniture Co Ltd, down 10 per cent, followed by Anhui Kouzi Distillery Co Ltd, losing 7.86 per cent, and Kangmei Pharmaceutical Co Ltd, down by 7.81 per cent.
In Hong Kong, the sub-index of the Hang Seng index tracking energy shares dipped 1.6 per cent, while the IT sector fell 2.9 per cent.
The top gainer on Hang Seng was Shenzhou International Group Holdings Ltd, up 2.37 per cent, while the biggest loser was Galaxy Entertainment Group Ltd, which was down 6.25 per cent.
