Chinese shares lead the losses in Asia Mainland Chinese shares fell on Monday after economic data released on Sunday underlined fears growth is slackening. Growth in both fixed-asset investment , up 10.9% in August from a year ago, and factory output, at 6.1%, came in below expectations. The Shanghai Composite index closed down 2.67% at 3,114.80, although Hong Kong’s Hang Seng closed up 0.27% at 21,561.90. The Shanghai index has lost nearly 40% since its peak in mid-June. Shares of four of China’s largest brokerages tumbled as much as 7% following news of fines and penalties from the securities regulator for failing to conduct proper checks on clients. The four were fined 178.5m yuan ($28m; £18m) and had 62.4m yuan of profits confiscated, according to the securities filings by the companies. Regulators have been cracking down on trading firms to stem the volatility that has rocked the […]