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China, Hong Kong stocks fall as ZTE plunge unnerves investors

CNBC

* SSEC -0.8 pct, CSI300 -0.7 pct, HSI -0.6 pct * HK- Shanghai Connect daily quota used -0.2 pct * FTSE China A50 -0.6 pct SHANGHAI, June 13 (Reuters) - China and Hong Kong stocks slid on Wednesday, as a slump in shares of telecommunications giant ZTE Corp sent shivers through the market, and as investors looked to the Federal Reserve policy decision later in the day. ** The CSI300 index fell 0.7 percent, to 3,798.70 points at the end of the morning session, while the Shanghai Composite Index lost 0.8 percent, to 3,056.69 points. ** The Hang Seng index dropped 0.6 percent, to 30,910.60 points, while the Hong Kong China Enterprises Index lost 1.0 percent, to 12,090.43. ** Telecoms firms led the