HK shares at 2-wk closing low; China stocks edge down

* China banks, properties slip on concern over policy changes

* China Unicom jumps on iPhone deal speculation

* Chinese brokerages gain on IPO talk (Updates to close)

By Parvathy Ullatil and Claire Zhang

HONG KONG, July 8 (Reuters) - Chinese bank stocks slipped in both the Hong Kong and the Shanghai markets on Wednesday as investors worried that China may reverse its easy monetary policies following a strong surge in new lending in the first half.

Senior regulators in China on Tuesday warned that the country's massive infrastructure lending was posing increasing risks for the banking system. [ID:nPEK15595]

Bill and bond yields had been rising recently on signs that the central bank was starting to tighten its liquidity policy, with worries over a possible policy shift also weighing on the stock market, analysts in Shanghai said.

Industrial and Commercial Bank of China (601398.SS), Construction Bank (601939.SS) and Bank of Communications (601328.SS) all sagged by about 3 percent.

China Merchants Bank (3968.HK)(600036.SS) dropped 3.7 percent in Hong Kong and 1.9 percent in Shanghai. China's sixth-largest lender was planning a rights share offer to raise about $3 billion before year-end, as it seeks to boost its capital after overpaying for a recent acquisition, investment banking sources told Reuters on Wednesday.