SHANGHAI, March 27 Hong Kong shares fell on
Wednesday as investors staged a sell-off of index tech
heavyweight Tencent Holdings after U.S-listed peers declined.
The Hang Seng Index ended down 0.3 percent at
21,834.5, though the China Enterprises Index of the top
Chinese listings in Hong Kong rose 0.2 percent.
Shares in Internet giant Tencent fell 6.3 percent
after the company announced it was buying a 28 percent stake in
South Korean mobile gaming firm CJ Games for $500 million.
Shares in CITIC Pacific gained 13 percent after
its parent CITIC Group agreed to inject its main operating arm
into the Hong Kong-listed unit.
(Reporting by Natalie Thomas; Editing by Richard Borsuk)