** Shanghai shares of China Communications Construction 601800.SS fall 3.6% to 8.95 yuan, lowest since April 8, and on course to snap two sessions of gain
** Stock set for the biggest one-day pct drop since April 7
** Hong Kong-listed stock 1800.HK slips 1.8% to HK$4.88, their lowest since April 22
** The Chinese infrastructure construction group said its Q1 net profit fell 11% y/y to 5.47 bln yuan ($749.91 mln) and operating income was down 12.6% y/y at 154.64 bln yuan
** The blue-chip CSI 300 Index .CSI300 edges up 0.01%, while the Shanghai Composite Index .SSEC slips 0.02%
** YTD, Shanghai shares down 14.1%, Hong Kong stock down 9.8%
($1 = 7.2942 Chinese yuan renminbi)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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