Hong Kong down as resource, property shares fall

　　HONG KONG (MarketWatch) -- Hong Kong shares posted small early losses Monday as resource stocks such as Aluminum Corp. of China Ltd. dropped amid concerns about a global economic slowdown, while Chinese banks responded in kind to a extended losses in Shanghai. The Hang Seng Index slipped 0.1% to 19,876.53 and the Hang Seng China Enterprises Index gave up 0.5% to 11,193.43. Aluminum Corp. or Chalco /quotes/comstock/22h!e:2600 (HK:2600 5.75, -0.08, -1.37%) /quotes/comstock/13*!ach/quotes/nls/ach (ACH 18.43, -0.34, -1.81%) gave up 1.9% after it announced a price cut last week and Bank of China Ltd. /quotes/comstock/22h!e:3988 (HK:3988 3.92, -0.05, -1.26%) /quotes/comstock/11i!bachy (BACHY 11.90, -0.65, -5.18%) shed 1.5% on equity dilution fears because of its planned rights issue. Chinese property developers fell, tracking losses in Shanghai, with Agile Property Holdings Ltd. /quotes/comstock/22h!e:3383 (HK:3383 8.14, -0.20, -2.40%) /quotes/comstock/11i!agpyf (AGPYF 1.10, -0.16, -12.70%) losing 2.6% and China Overseas Land & Investment Ltd. /quotes/comstock/22h!e:688 (HK:688 14.54, -0.22, -1.49%) /quotes/comstock/11i!caovf (CAOVF 1.95, -0.12, -5.57%) shedding 1.1%. China's Shanghai Composite Index gave up 1.4% to 2,349.28.