Large-scale profit-taking on Chinese mainland companies crushed Hang Seng China Enterprises Index to a long-expected downwards adjustments by falling 418.41 points, or 3.89 percent, to end the index bull run streak on Thursday.

The H-shares index, initiated in August 1994 and readjusted on Sept. 11, 2006, tracks the overall performance of 37 Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange.

Hang Seng China H-Financials Index slumped 806.16 points, or 5. 83 percent, to close at 13,011.58.

The H-Financials Index, initiated on Nov. 27, 2006, tracks the performance of eight major banks and insurers on China's mainland.

Hang Seng China-Affiliated Corporations Index lost 100.95 points, or 2.93 percent, to close at 3,348.82.

The index tracks the performance of 31 locally listed companies with a significant equity interest held by entities in the Chinese mainland.

Hang Seng Mainland Composite Index spilled 117.85 points, or 3. 44 percent, to close at 3,304.97.

Introduced on Oct. 3, 2001 and readjusted on Sept. 11, 2006, Hang Seng Mainland Composite Index gauges the performance of 103 Hong Kong-listed companies with principal places of business in Hong Kong and the Chinese mainland.

Source: Xinhua