Hong Kong: Flat on bargain-hunting

SHARES ended flat yesterday as bargain-hunting pared earlier losses fuelled by a Wall Street sell-off and fears over Portugal’s biggest listed bank.

The Hang Seng Index dipped 5.54 points to 23,233.45 on turnover of HK$51.43 billion.

Cathay Pacific Airways was flat at HK$14.22, CNOOC lost 0.45 per cent to HK$13.38 and Ping An Insurance eased 0.42 per cent to HK$58.85, while HSBC fell 0.38 per cent to HK$78.60.

Tencent fell 0.49 per cent to HK$121.6, CCB bank was off 0.18 per cent at HK$5.56 and Hong Kong Exchange depreciated by 0.20 per cent to HK$152.20. AFP