HONG KONG Oct 26 Hong Kong shares snapped a
10-session winning streak on Friday, hit by a 7.6 percent slump
in China Unicom after the country's second-largest
mobile operator posted weaker-than-expected third-quarter
The Hang Seng Index closed down 1.2 percent on the
day, but flat on the week at 21,545.6. The China Enterprises
Index of the top Chinese listings in Hong Kong ended
down 1.6 percent on the day and down 2.2 percent this week.
In the mainland, the CSI300 Index of the top
Shanghai and Shenzhen listings closed down 1.9 percent on the
day and 3.6 percent to close at its lowest since Sept. 26. The
Shanghai Composite Index slipped 1.7 percent on Friday
and 2.9 percent this week.
* China Unicom was the top drag on the Hang Seng Index,
slumping 7.6 percent to its lowest since Oct. 8 after posting a
27 percent rise in third-quarter net profit that lagged market
* The slump in mainland Chinese markets took a toll on
A-share market proxy plays such as Chinese insurance and
brokerage counters. Ping An Insurance slumped 3.2
percent, while Haitong Securities dived 4.4 percent.