* HK->Shanghai Connect daily quota used -0.7%, Shanghai->HK
quota used -1.8%
* HSI -1.4%, HSCE -1.6%, CSI300 -2.6%
* FTSE China A50 -3.1%
BEIJING/SHANGHAI, March 19 (Reuters) - Hong Kong stocks
ended lower on Friday, with energy shares leading the decline,
as a spike on U.S. 10-year yields overnight and a rough start to
China-U.S. bilateral talks weighed on investor sentiment.
** At the close of trade, the Hang Seng index was down
414.78 points, or 1.41%, at 28,990.94. The Hang Seng China
Enterprises index fell 1.63% to 11,283.92.
** The sub-index of the Hang Seng tracking energy shares
dipped 4.23%, while the materials sector
dipped 3.68%, and the healthcare sector ended 3.15%
** Yields on U.S. 10-year notes spiked to the highest since
early 2020 on Thursday, dragging down global equity and oil
** China and the United States levelled sharp rebukes https://www.reuters.com/world/us/us-china-set-broach-icy-relations-alaska-talks-2021-03-18
of each others' policies in the first high-level talks of the
Biden administration on Thursday, with deeply strained relations
of the two global rivals on rare public display during the
meeting's opening session in Alaska.
** Worries over Sino-U.S. tensions dampened risk appetite even
as concerns over lofty valuations persisted, said Yan Kaiwen, an
analyst with China Fortune Securities Co.
** China's main Shanghai Composite index closed down
1.69% at 3,404.66, while the blue-chip CSI300 index
ended down 2.62%.
** The top gainer on the Hang Seng was CK Asset Holdings Ltd
, which gained 7.86%, while the biggest loser was
Haidilao International Holding Ltd, which fell 6.64%.
** Around the region, MSCI's Asia ex-Japan stock index
was weaker by 1.22%, while Japan's Nikkei index
closed down 1.41%.
** At close, China's A-shares were trading at a premium of
33.56% over Hong Kong-listed H-shares.
** The price-to-earnings ratio of the Hang Seng index was 16.17
as of the last full trading day, while the dividend yield was
(Reporting by Cheng Leng in Beijing, Luoyan Liu and Andrew
Galbraith in Shanghai; Editing by Subhranshu Sahu)