HONG KONG Dec 3 Hong Kong shares were weaker in
thin trading on Monday, pulled down by losses in mainland stocks
after the Hang Seng Index briefly tested 2012 intra-day highs.
The Hang Seng Index closed down 1.2 percent at
21,767.9. The China Enterprises Index of the top Chinese
listings in Hong Kong ended down 1.5 percent at 10,458.9.
The CSI300 Index of the top Shanghai and Shenzhen
listings closed down 1.4 percent. The Shanghai Composite Index
shed 1 percent to its lowest close since January 2009.
* While markets elsewhere were cheered by surveys showing
Chinese manufacturing quickened for the first time in 13 months
in November, Hong Kong and China stocks were weaker. Investors
took profit on last Friday's rally after China's vice-premier
spoke about the key role urbanization will play in the country's
* Sectors that saw the bigger gains on Friday were weaker on
Monday. China Resources Land shed 2.4 percent, while
Evergrande slid 2.8 percent.
* Chinese banking shares were also weak after Huaxia Bank
blamed a Shanghai branch employee for selling a
wealth management product without permission.