BYD Co., the automaker partly owned by Warren Buffetts Berkshire Hathaway Inc., tumbled 5.6 percent. China State Construction Engineering Corp. paced losses by property companies after the central bank said it will toughen monitoring of the real-estate industry. Tencent Holdings Ltd. sank to its lowest close since December in Hong Kong following a rout in Internet stocks in the U.S.
The Shanghai Composite Index slid 0.9 percent to 2,010.08 at the close. A services index from HSBC Holdings Plc and Markit Economics dropped to 51.4 in April from 51.9 in the previous month. A gauge of property stocks fell for a sixth day as the China Securities Journal said some small and medium-sized property developers are facing liquidity problems.
The CSI 300 Index lost 0.9 percent to 2,137.32. The Hang Seng China Enterprises Index fell 0.9 percent to its lowest level since March 21.