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Hong Kong shares hit lowest since January, China weak too
(Updates to close) * HSI sheds 1.3 pct, CSI300 slips 0.4 pct * PetroChina set for worst mth in HK since Jan. 2009 * China equities at "exciting entry point": Morgan Stanley By Clement Tan and Vikram Subhedar HONG KONG, May 23 (Reuters) - Hong Kong shares slumped to their lowest close since Jan. 6 on Wednesday, tracking broad weakness in Asian markets with investors spooked by renewed fears