HONG KONG, July 4 Hong Kong's benchmark index
ended flat on Friday, as early gains on upbeat U.S. jobs data
was cancelled out by weakness in mainland markets.
The Hang Seng Index ended up 0.1 percent at 23,546.36
points, close to Wednesday's near-seven month high. The China
Enterprises Index of leading offshore Chinese listings
in Hong Kong added 0.3 percent, rising in all four trading
sessions this week.
For the week, the HSI rose 1.4 percent and the HSCE 1.8
Hong Kong retailers dropped after data showed retail sales
in May fell for a fourth consecutive month. Sales of jewellery,
watches and luxury gifts were down 24.5 percent from a year
Luk Fook Holdings International slid 1.7 percent,
while Wharf Holdings, a shopping mall developer and
owner, lost 1.3 percent.
Leading gains was China Resources Land, which
climbed 3.3 percent on Friday and 9.1 percent this week.
H-shares of China Vanke, the country's biggest
residential property developer, jumped 8.2 percent on the day.
Barclays attributed the sector's recent strong performance
to an easier policy environment and better sales in June.
(Reporting by Grace Li; Editing by Richard Borsuk)