* HK->Shanghai Connect daily quota used 3.6%, Shanghai->HK
quota used 1.4%
* HSI -0.4%, HSCE -1.2%, CSI300 +1.1%
* China steps up supervision of overseas-listed firms
SHANGHAI, July 7 (Reuters) - Hong Kong shares ended lower
for the seventh straight session on Wednesday to their lowest
close in nearly two months, as internet firms led losses after
Beijing stepped up supervision of overseas-listed companies on
** At the close of trade, the Hang Seng index was down
112.24 points, or 0.4%, at 27,960.62, the lowest close since May
14. The Hang Seng China Enterprises index fell 1.17% to
** The sub-index of the Hang Seng tracking energy shares
dipped 1.5%, while the IT sector fell 1.56%.
The financial sector ended 0.8% lower and the property
sector slipped 0.23%.
** Short video streamers Kuaishou Technology fell
3.39% and Bilibili lost 5.05%. Shares of Baidu
and Alibaba in Hong Kong fell 2.15% and
** China will step up supervision of Chinese firms listed
offshore, days after Beijing launched a cybersecurity
investigation into ride-hailing giant Didi Global Inc
on the heels of its U.S. stock market listing.
** Under the new measures, China will improve regulation of
cross-border data flows and security, its cabinet said on
** The weakness also echoed to the global markets as investors
are nervous about riskier assets before the release of minutes
from the Federal Reserve's latest meeting to see if they confirm
a hawkish turn in U.S. monetary policy.
** China's main Shanghai Composite index closed up 0.66%
at 3,553.72 points, while the blue-chip CSI300 index
ended up 1.13%.
** Around the region, MSCI's Asia ex-Japan stock index
was weaker by 0.18%, while Japan's Nikkei index
closed down 0.96%.
** The yuan was quoted at 6.4652 per U.S. dollar at
08:21, 0.21% firmer than the previous close of 6.4788.
(Reporting by the Shanghai Newsroom; Editing by Shailesh Kuber)