HONG KONG Oct 16 Hong Kong shares slipped from
a near-three week high on Wednesday, roiled by a weak mainland
Chinese market and as a U.S. deal to avert a debt default
The Hang Seng Index, which closed on Tuesday at its
highest since Sept. 23, finished down 0.5 percent at 23,228.3
points. The China Enterprises Index of the top Chinese
listings in Hong Kong shed 0.4 percent.
Child skincare products maker Prince Frog International
lost $209.9 million of its market value, plunging 25.7
percent in a record loss after it became the latest Hong
Kong-listed Chinese company to be criticised by a short-seller.
Trading in its shares was suspended shortly before the