HONG KONG Jan 22 Chinese shares listed in Hong
Kong closed at a three-week high on Wednesday as a resurgent
mainland market spurred more short covering in Chinese
growth-sensitive counters after the central bank pledged to
ensure stability in the money markets.
The China Enterprises Index of the leading offshore
Chinese listings in Hong Kong finished up 1.1 percent at
10,326.7 points, its highest close since Jan. 3.
The Hang Seng Index underperformed, ending up 0.2
percent at 23,082.3 points.
The Macau casino sector was a big drag after JP Morgan
downgraded the sector, with Galaxy Entertainment
tumbling 5.5 percent and Sands China sinking more than