HONG KONG, April 5 Hong Kong shares ended a
holiday-shortened week weaker on Thursday, dragged by the
Chinese financial sector as investors took profit on the final
trading day before a four-day holiday weekend and ahead of U.S.
jobs data on Friday.
The Hang Seng Index ended down 0.95 percent on the
day but up 0.18 percent this week at 20,593. The China
Enterprises Index of top mainland listings in Hong Kong
closed down 1.06 percent on the day but up 0.98 percent this
week at 10,744.91.
The Shanghai Composite Index had its best day in two
months, finishing up 1.74 percent at 2,302.24, with A-share
turnover picking up and at the second-highest in almost two
* Li & Fung Ltd suffered its seventh loss in eight
sessions, sliding 4 percent to the lowest since March 13, hurt
by dented hopes of quantitative easing by the U.S. Federal
Reserve and ahead of fresh monthly U.S. employment data on Good
Friday. It has lost more than 13 percent since hitting a
11-month closing high on March 26.
* Chinese banks were broadly weaker ahead of a slew of China
data next week. China's biggest banks, Industrial and Commercial
Bank of China Ltd and China Construction Bank Corp
were among the top drags on the Hang Seng Index,
losing 1.6 and 2 percent, respectively.
* Hong Kong markets will resume trading next Tuesday after a
four-day Easter holiday weekend. Mainland Chinese markets are
open Friday and Monday.
* Beijing is expected to report March inflation data on
Monday and trade figures on Tuesday. March money supply and loan
growth could be announced any time starting Tuesday, while first
quarter gross domestic product as well as March investment
output and retail sales be posted on Friday, April 13.
(Reporting by Clement Tan; Editing by Chris Lewis)