Hong Kong shares slide 1.1%
The Hang Seng Index slid 1.08% to 20,783.86 points, or down 226.15 points at the close.
Hong Kong stocks fell, paring this week’s advance, as European finance ministers held back a rescue package for debt-laden Greece, fueling concern the nation may exit the euro.
HSBC dropped 0.36 percent to close at 69.1 HK dollars. China Mobile, China's dominant mobile carrier, ended 0.96 percent higher to 78.75 HK dollars and became the best-performed blue chip of the trading day.
Most Chinese mainland lenders listed in Hong Kong lost ground for a second day. ICBC, China's largest bank by market value, dropped 2.38 percent to close at 5.33 HK dollars; CCB, the country 's second largest lender by market capitalization, lost 2.05 percent to close at 6.22 HK dollars; BOC, one of the "big four," moved down 2.68 percent to 3.27 HK dollars.
China Life, one of the world's largest life insurers by market value, lost 2.85 percent to 22.2 HK dollars. Another Chinese insurer Ping An moved down 2 percent to 63.8 HK dollars.
Local property developers also ended lower. Cheung Kong properties owned by billionaire Li Ka-shing lost 0.38 percent to 104.8 HK dollars. Henderson Land ended 2.07 percent lower to 42.5 HK dollars.
PetroChina, the country's largest oil and gas producer, closed 1.87 percent lower to 11.56 HK dollars. Sinopec, China's top refiner, lost 1.29 percent to 9.21 HK dollars. CNOOC ended 1.03 percent lower to 17.28 HK dollars.
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