HONG KONG, June 6 Hong Kong's main share index
snapped a three-week winning streak on Friday, dragged down by
China's state banks and a weaker Macau gaming sector.
The Hang Seng Index closed down 0.7 percent at
22,951.00 points. The China Enterprises Index of the
leading offshore Chinese listings in Hong Kong was off 0.2
percent. Both swung between negative and positive territory
during the session.
On the week, the Hang Seng Index lost 0.6 percent. The
H-share index fared better, up 0.9 percent in its fourth
straight weekly gain.
The Macau gaming sector was broadly lower, with Wynn Macau
and MGM China Holdings both down more than 2
percent. The shares have been hit by losses since revenue data
from earlier this week came in weaker than expected.
Guangzhou Automobile Group was the top HSCE
percentage gainer, jumping 4.9 percent to close at its highest
in 1-1/2 months. The carmaker said late on Thursday it posted a
27.3 percent spurt in car sales in May from a year earlier.
Markets are bracing for the U.S. payrolls report due later
Friday and a slew of China economic data for May. Trade is due
on Sunday, inflation on Tuesday, and urban investment,
industrial output and retail sales next Friday. Monthly money
supply and loan growth data is expected between June 10 and 15.
(Reporting by Grace Li; Editing by Jacqueline Wong)