HONG KONG/SHANGHAI Nov 22 Chinese shares listed
in Hong Kong outperformed markets in the mainland and most of
Asia ex-Japan on Friday, as strength in growth-sensitive stocks
helped the H-share index have its biggest weekly gain in nearly
The China Enterprises Index of the top Chinese
listings finished up 1 percent on the day and up 7 percent on
the week, its biggest weekly rise since early December 2011.
H-shares are now trading at their biggest premium over A-shares
in three years.
The Hang Seng Index was up 0.5 percent at 23,696.3
points and up 2.9 percent for the week, but was just shy of the
year's intra-day high at 23,944.7.
Shares of Fosun Pharmaceutical and its parent
Fosun International tumbled on speculation the
chairman of the parent company was under investigation, but
their falls for the day were pared after Fosun International
said the rumor was baseless.