China stocks edge down; HK shares fall after 10-day winning streak
SHANGHAI, May 7 (Reuters) -China stocks edged down on Tuesday, dragged by tech stocks, while foreign investors turned net sellers by midday, and Hong Kong shares retreated after a 10-day winning streak.
Foreign capital sold 3.3 billion yuan ($457.30 million) worth of shares by midday via the Stock Connect scheme's northbound link.
CSI Information Technology .CSIINT and artificial intelligence .CSI930713 shares led declines, falling 0.9% and 1.6%, respectively. ** At the midday break, the Shanghai Composite index .SSEC was down 0.13% at 3,136.62 points.
** China's blue-chip CSI300 index .CSI300 was down 0.17%, with its financial sector sub-index .CSI300FS lower by 0.35%. The consumer staples sector .CSI000912 was up 0.42%, the real estate index .CSI000952 gained 0.35% and the healthcare sub-index .CSI300HC rose 0.12%.
** Chinese H-shares listed in Hong Kong .HSCE fell 0.84% to 6,517.27, while the Hang Seng Index .HSI was down 0.85% at 18,420.38.
** The smaller Shenzhen index .SZSC was down 0.15%, the start-up board ChiNext Composite index .CNT was weaker by 0.31% and Shanghai's tech-focused STAR50 index .STAR50 was down 1.12%.
** Around the region, MSCI's Asia ex-Japan stock index .MIAPJ0000PUS was firmer by 0.24%, while Japan's Nikkei index .N225 was up 1.46%.
** The yuan CNY=CFXS was quoted at 7.2166 per U.S. dollar, 0.12% weaker than the previous close of 7.2077.
** The largest percentage gainers on the main Shanghai Composite index were Fanli Digital Technology 600228.SS, up 10.09%, followed by Chengdu Haoneng Technology 603809.SS, gaining 10.04% and Qingdao Vland Biotech 603739.SS, up by 10.03%.
** The largest percentage losers were Kama 900953.SS, down 9.77%, followed by Hua Yuan Property 600743.SS, losing 7.895% and Shanghai Lingyun Industries Development 900957.SS, down by 7.821%.
** The three biggest H-shares percentage decliners were NetEase 9999.HK, which fell 4.04%, Kuaishou Technology 1024.HK, which lost 3.95% and Meituan 3690.HK, down by 3.82%.
($1 = 7.2163 Chinese yuan)
Reporting by Shanghai Newsroom; Editing by Savio D'Souza
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