Hong Kong shares end flat

Comment on this story

Hong Kong - Hong Kong's benchmark index ended flat on Thursday, dampened by a weak Macau gaming sector and a retreat by Internet giant Tencent.

The Hang Seng Index ended a tick lower at 23,520.87 points, after three days of gains.

The China Enterprises Index of the leading offshore Chinese listings in Hong Kong was down 0.1 percent.

The biggest drag, Tencent, ended a three-day rally with a drop of 0.6 percent.

Shares of Macau casino Sands China fell 1.2 percent after the company reported weaker-than-expected earnings.

Sector rival Galaxy Entertainment Group also lost 1.2 percent.

Kunlun Energy jumped 7.4 percent to its highest since April 7, buoyed by media reports that its parent company - China National Petroleum Corp - is considering injecting more gas assets into Kunlun to deal with private-sector competition.

Thursday was also its best day since December 2011. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines