2013.04.1601:55:40UTC+00Hong Kong, Shanghai stocks suffered further losses

Stocks in Hong Kong and Shanghai slide further early Tuesday to join a global sell-down in the wake of disappointing economic data from China the previous day, with the resource sector hit hard. The Hang Seng Index moved back 1.1% to 21,528.81 and the Hang Seng China Enterprises Index gave up 1.2% to 10,316.09. Gold miner Zijin Mining Group Co. skid 4.7%, Chow Tai Fook Jewellery Group Ltd. relinquished 5.6% and coal miner China Shenhua Energy Co. surrenders 3%. Ports operator China Merchants Holdings International Co. traded 3.8% lower and oil producer Cnooc Ltd. tumbled 2.9%. The Shanghai Composite drift 0.5% after brokerages including HSBC, J.P. Morgan and Royal Bank of Scotland lowered their gross domestic product growth forecasts after the country's disappointing first-quarter economic data.