HONG KONG, Oct 18 (Reuters) - By 0242 GMT, the benchmark Hang Seng Index <.HSI> had slipped 0.89 percent to 23,546.99, while the China Enterprise Index <.HSCE> of top locally listed mainland stocks was down 0.94 percent at 13,485.50.
Here are some stocks on the move:
- HSBC <0005.HK> fell to its lowest in three days at HK$81.05
before the shares steadied at HK$81.15 by 0216 GMT, down 2.11
percent. HSBC has ended talks to buy an $8 billion majority stake
in South Africa's Nedbank
- Shares of Zijin Mining <2899.HK> fell as much as 4.1 percent to its week low of HK$7.51 after the Chinese gold and copper miner said it was being fined 19.5 million yuan ($2.94 million) to compensate for property damages related to the collapse of a dam at the Yinyan Tin Mine in September. The stocks were steadied at HK$7.52 by 0228 GMT, down about 4 percent.
- China Life <2628.HK> was down 0.85 percent and Ping An Insurance <2318.HK> slipped 1.6 percent as the insurers pulled back from their gain. Brokers said rotational buying on insurance stocks may slow the slide ahead of AIA's Hong Kong listing. [ID:nTOE69G00R]
China Investment Corp (CIC) [CIC.UL], Ping An Insurance,
China Life, and the Asian arm of Britain's Prudential