Hong Kong: Flat as dealers take profits

Business Times

SHARES ended flat yesterday, with profit-taking wiping out early gains that had been fanned by a record close on Wall Street.

The Hang Seng Index fell 13.99 points to 23,167.73 on turnover of HK$49.49 billion.

Cathay Pacific eased 0.69 per cent to HK$14.46 a share, China Mobile shed 0.20 per cent to HK$75.50 and HSBC was flat at HK$80.90 while Henderson Land lost 0.64 per cent to HK$46.50.

Meanwhile, Tencent eased 0.43 per cent to HK$115.7, Bank of China rose 0.12 per cent to HK$3.48 and PetroChina was 1.04 per cent higher at HK$9.69 a share. AFP

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