BUZZ-Chinese property, financial stocks slide on Evergrande worries

** Shares of Chinese property developers and financial stocks fall as issues related to China Evergrande Group

prompt worries of broader risks to the country's real estate market and financial system

** China Evergrande stock down 6.1% at HK$2.79, lowest since January 2014; Sunac China falls 5.9% to HK$15.34, lowest since July 2017

** Country Garden drops 9.9% to HK$7.10, lowest since May 2017

** Property investment growth continued to weaken amid increasingly tightened financing conditions for property developers, and a sharp slowdown in the property sector could lead to spill-overs to the whole industry chain and become a key growth headwind for the economy - HSBC

** Guangzhou R&F eases 3.9%, China Resources Land

falls 3% and China Overseas Land drops 2.6%

** Morningstar Equity Research expects near-term policy headwinds for China real estate and financials to persist and it prefers sold-down financials over real estate names as it believes the real estate exposure risks are manageable for the banks and insurers

** Real estate environment may remain challenging in China and the negative news flow will weigh on investor sentiment - Morningstar

** Ping An Insurance's Hong Kong-listed shares fall 1.1%, PICC Property down 1.5%

** Hang Seng China Enterprises index falls 1.7%, while the benchmark index declines 1.8%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))