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Hong Kong: Shares flat ahead of holiday

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[HONG KONG] Hong Kong shares were little changed on Wednesday and trading was tepid ahead of the Dragon Boat festival holiday.

The Hang Seng index fell 0.1 per cent, to 21,297.88, while the China Enterprises Index gained 0.3 per cent, to 9,027.82 points.

Most sectors, including IT and property fell, but energy shares were firm.

Total trading volume of companies included in the HSI index was 1.6 billion shares.

Shares of Xiao Nan Guo Restaurants fell 10 per cent to an all-time low, after the company unveiled plans for a rights issue to fund the purchase of a stake in an e-commerce platform.

REUTERS