* Hang Seng index falls 1.48%
* China Enterprises index HSCE drops 1.28%
* HSI financial sub-index sinks 2.1%; property sector down
HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on
Monday, with financials leading the slide, as investors locked
in gains after a recent rally, while many kept to the sidelines
as China markets remain closed.
** By lunch break, the Hang Seng index was down
424.36 points, or 1.48%, at 28,300.52. The Hang Seng China
Enterprises index fell 1.28% to 10,686.87.
** The sub-index of the Hang Seng tracking energy shares
slid 0.4%, while the IT sector dipped 0.94%,
the financial sector fell 2.11% and the property sector
was down 1.04%.
** China's stock and bond markets, as well as its foreign
exchange and commodity futures markets, are closed on May 1-5
for the Labour Day holiday. Trade will resume on May 6.
** The top gainer on the Hang Seng was China Petroleum &
Chemical Corp, which gained 0.52%, while the biggest
loser was HSBC Holdings PLC, which fell 3.38% after a
9% jump last week.
** AIA fell 2.6%, Ping An dropped 2.4%
and China Life was down 2.3%
** Around the region, MSCI's Asia ex-Japan stock index
was weaker by 0.6%
** The top gainers among H-shares were Anhui Conch Cement Co
Ltd up 1.29%, followed by Postal Savings Bank of China
Co Ltd, gaining 1.19% and Hansoh Pharmaceutical Group
Company Ltd, up by 0.75%.
** The three biggest H-shares percentage decliners were
Kuaishou Technology, which dropped 3.57%, China Feihe
Ltd, which fell 3.39% and Alibaba Health Information
Technology Ltd, was down 2.53%.
(Reporting by Donny Kwok)