HONG KONG Dec 13 Hong Kong shares pulled back
from 16-month highs as concern over the U.S. "fiscal cliff" and
weak mainland shares prompted investors to take some money off
The Hang Seng index ended down 0.3 percent at
22,445.58. The China Enterprises index eased 0.2
In China, the CSI300 closed down 1.1 percent at
2,242.64. The Shanghai Composite fell 1.0 percent.
* Utilities were weak in Hong Kong led by a 3.6 percent drop
for CLP Holdings after it raised $982 million in new
shares to fund expansion. Power Assets fell 1.4
* Corporates and investors have taken advantage of the
recent rally in Hong Kong to sell shares in the open market.
Shares of property firm Kaisa Holdings slumped 7.7
percent after private equity firm Carlyle Group said it
was selling up to $67 million of stock in the company.