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Hong Kong: Shares close flat as MidEast tensions ease

Thursday, November 26, 2015 - 16:25
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Hong Kong stocks ended barely changed on Thursday, as most Asian markets stabilised after jitters over Turkey's downing of a Russian fighter jet abated.

[HONG KONG] Hong Kong stocks ended barely changed on Thursday, as most Asian markets stabilised after jitters over Turkey's downing of a Russian fighter jet abated.

The Hang Seng index was unchanged at 22,488.94, while the China Enterprises Index lost 0.2 per cent, to 10,108.39 points.

Investors remained cautious ahead of a likely US interest rate hike next month, although traders have priced in the Federal Reserve's turn in policy.

Most sectors, including telecommunications, property and IT fell, but energy stocks ended the session firmer.

Macquarie said it expected the Shenzhen-Hong Kong stock connect to be launched by the second quarter next year.

REUTERS