Hong Kong shares close down 1 pct, properties weigh

HONG KONG, Feb 19 (Reuters) - Shares in Hong Kong declined

for the second straight day on Tuesday, weighed down by real

estate and financials, as investors grew concerned that both

Beijing and Hong Kong would launch more curbs to cool rising

property prices.

The Hang Seng Index closed down 1 percent at

23,143.91. The China Enterprises Index of the top

Chinese listings in Hong Kong shed 1.8 percent.

The Shanghai Composite Index ended down 1.6 percent

at 2,382.91, its worst loss in more than a month. The CSI300

of the top Shanghai and Shenzhen A-share listings shed

1.9 percent.

HIGHLGHTS:

* Mainland property stocks fell as investors were wary of a

clampdown on real estate prices. China Vanke,

China's largest property developer by sales, slid 4.3 percent in

Shenzhen. In Hong Kong, China Resources Land lost 4.4

percent, its worst decline since August 2012, while China

Overseas Land fell 3.3 percent.

* Macau gambling stocks were hit by worst-than-expected

gambling revenue for the first 17 days of February. Sands China

was down 4.4 percent, while Galaxy Entertainment Group

Ltd fell 4.9 percent. MGM China Holdings Ltd

fell 3.9 percent.