HONG KONG Dec 10 Hong Kong shares slipped in
weak turnover on Tuesday, as coal producers sank on fears of
reduced demand after pollution levels climbed to hazardous
levels in the mainland.
The Hang Seng Index closed down 0.3 percent at
23,744.2 points, while the China Enterprises Index of
the top offshore Chinese listings in Hong Kong shed 0.4 percent.
Turnover totalled $6.7 billion, some 21 percent below its
Markets were little changed by more data from China that
suggested the world's largest economy was on track for 7.5
percent growth this year as its leaders began mapping their
plans for 2014 behind closed doors on Tuesday.
China Rongsheng Heavy Industries spiked 8.9
percent, leading gains in the shipping sector after Beijing
announced new subsidies for buying and scrapping ships that will
run until end 2015, confouding an earlier pledge to reduce
support for sectors plagued by overcapacity.