China Stocks in Hong Kong Pare Biggest Weekly Gain Since April
This article is for subscribers only.
Chinese stocks in Hong Kong pared their biggest weekly advance in five months as traders weighed whether the government will intensify measures to revive the flagging economy.
The Hang Seng China Enterprises Index fell 0.6 percent to 9,718.28 at the close paring its weekly advance to 6 percent. China Shenhua Energy Co. and PetroChina Co. led declines by energy producers on Friday, while Air China Ltd. climbed 3.2 percent as oil prices slid. The Shanghai Composite Index rose 0.1 percent in thin trading to cap a 1.3 percent weekly gain.