HONG KONG Dec 18 Hong Kong shares slipped for a
second straight day on Tuesday, pulled lower by a 3.3 percent
loss for AIA Group after American International Group sold its
remaining stake in the Asian insurance giant.
The Hang Seng Index closed down 0.1 percent at
22,494.7. The China Enterprises Index of the top Chinese
listings in Hong Kong edged up 0.1 percent.
In the mainland, the Shanghai Composite Index and
the CSI300 of the top Shanghai and Shenzhen listings
both edged up 0.1 percent.
* AIA Group slid to HK$30.60 at the resumption of
trade after American International Group sold its
remaining stake in AIA for $6.45 billion. The deal was priced
near its top end at HK$30.30 per share after it had been
marketed at HK$29.65-HK$30.65 apiece.
* Chinese property plays were hit by data that showed home
prices in China's 70 major cities rose in November for the
fourth month in the last five. The continuing strength of home
prices makes it unlikely that Beijing will relax property market
curbs any time soon. China Overseas Land shed 1.9