Hong Kong shares end down 0.4 pct, Li & Fung tumbles
HONG KONG, Sept 26
HONG KONG, Sept 26 (Reuters) - Hong Kong shares slipped on Thursday, dragged by a 3.1 percent tumble for global exporter Li & Fung Ltd on a news report that U.S. retailer Wal-Mart is cutting orders.
Wal-Mart denied the report and Li & Fung said there have been no cancellations of orders from Wal-Mart.
The Hang Seng Index ended down 0.4 percent at 23,125 points, hovering in the same range for a third day. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.5 percent.
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