HONG KONG Dec 30 Hong Kong shares ended flat in
tepid trade on Monday, as losses in heavyweight Chinese cyclical
and financial stocks offset strength in the telecoms and
The Hang Seng Index ended flat at 23,244.87 points,
while the China Enterprises Index of the top Chinese
listings in Hong Kong fell 0.6 percent. Trading volumes remained
weak, some 26 percent below the 20-day average.
Tencent Holdings bucked the trend, jumping 2.6
percent to another record high after China said investment in
the telecoms industry is expected to top 350 billion yuan ($57.7
billion) in 2014.