SHANGHAI, Nov 17 (Reuters) - China stocks slipped on Tuesday, weighed by losses in healthcare and technology, media and telecom (TMT) stocks on worries over lofty valuations, while more bond defaults hit sentiment.
The CSI300 index fell 0.3% to 4,890.57 points at the end of the morning session, while the Shanghai Composite Index fell 0.2%, to 3,340.32 points.
Transport firms, in particular shipping and port firms, climbed on hopes of a global economic recovery.
Chinese banks and fund managers dumped their holdings of riskier corporate bonds last week after a series of defaults by top-rated state-owned enterprises (SOEs) sent shockwaves through the mainland corporate bond market.
The Hang Seng index rose 0.1% to 26,410.39, while the Hong Kong China Enterprises Index was unchanged at 10,574.42.
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