HONG KONG, Nov 9 (Reuters) - Hong Kong shares eased from overbought levels on Tuesday after China's central bank moved to crack down on hot money inflows and as concern over further fundraising by property companies led to profit-taking.
The benchmark Hang Seng index <.HSI> fell 1.02 percent to 24,710.6. The China Enterprise Index <.HSCE> fell 1.28 percent to 14,022.95.
Local property developers were amongst the biggest drags on the index on concern that more companies would follow Hang Lung Properties Ltd <0101.HK> and Sino Land Co Ltd <0083.HK> in raising money through share sales after a recent run-up carried share prices to multi-year and record highs. (Editing by Chris Lewis)