HONG KONG Feb 15 Hong Kong shares ended
slightly higher on Friday, weighed down by large-cap financial
and property stocks, with investors waiting for direction from
mainland China markets which reopen next week after the long
Lunar New Year holiday.
The Hang Seng Index rose 0.1 percent for the day and
finished the holiday-shortened, two-day trading week up 1
percent. The China Enterprises Index of the top Chinese
listings in Hong Kong gained 0.2 percent on Friday, and rose 1.7
percent on the week.
Mainland Chinese markets will resume trading on Feb. 18.
* Hong Kong property counters fell as robust sales during
the holiday sparked fears of fresh government curbs on the
sector. Local property developer Wharf Holdings fell
0.7 percent, while Sun Hung Kai Properties dropped 0.4
percent. Cheung Kong Holdings fell 0.3 percent.
* Chinese real estate plays gained for the second
consecutive day after major mainland developers posted strong
home sales in January. China Overseas Land rose 1.6
percent, while China Resources Land climbed 2.1
* Shares in Geely Automobile Holdings Ltd rose 7.7
percent to its highest since November 2010 after its January car
sales jumped 67 percent year-on-year.