Hong Kong shares may start lower, China in focus after Monday rout

Reuters (25/6) - Hong Kong shares may start weaker on Tuesday as investors brace for the first of two open market operations in the mainland to gauge the extent of the cash crunch that has raised fears of a banking crisis. China shares suffered their worst daily loss in almost four years on Monday, with financials hammered on fears that the central bank would keep money tight and economic growth could slow sharply. The Hang Seng Index dropped on Monday for a fourth straight day, ending down 2.2 percent at 19,814 points. The China Enterprises Index of the top Chinese listings in Hong Kong sank 3.2 percent to its lowest since October 2011. http://www.reuters.com/article/2013/06/25/markets-hongkong-stocks-preopen-idUSL3N0F105720130625