HONG KONG Oct 15 Hong Kong shares edged to a
fresh five-month high on Monday as mild gains in local blue-chip
property developers offset weakness in Chinese retailers hurt by
The Hang Seng Index closed up 0.1 percent at
21,148.3. The China Enterprises Index of the top Chinese
listings in Hong Kong rose 0.3 percent.
The CSI300 Index of the biggest Shanghai and
Shenzhen listings closed down 0.4 percent while the Shanghai
Composite Index lost 0.3 percent. Both indices closed at
their lowest since Oct. 8.
* China's second-largest telecom equipment maker ZTE
slumped 15.8 percent in heavy volume, after flagging a
loss of as much as $279.2 million for the first nine months of
* Angang Steel lost 2.3 percent after the company
warned late on Friday that it could make a loss of $505 million
for the first nine months this year.
* Belle International, China's leading foot- and
sportswear retailer, slid 4.3 percent after announcing
underwhelming same-store sales growth in the third quarter.
(Reporting by Clement Tan; Editing by Anne Marie Roantree)