HONG KONG, Oct 27 (Reuters) - Hong Kong shares slid on Wednesday as a stronger dollar sparked a selloff in materials and commodities-related plays, while banks retreated on concern that recent gains may be overdone.
The benchmark Hang Seng Index <.HSI> fell 1.85 percent to 23,164.6, its steepest fall in more than four months as the index pulled back sharply from technically overbought levels.
Heavily weighted banks were lower ahead of the first of a batch of earnings reports due from China's largest lenders. [ID:nTOE69L0A3] (Reporting by Vikram Subhedar; Editing by Chris Lewis) (vikram.subhedar@thomsonreuters.com; +852 2843 6975; Reuters Messaging: vikram.subhedar.reuters.com@reuters.net))