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Hong Kong shares little changed, Fed hike worries curb risk appetite

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[HONG KONG] Hong Kong stocks were little changed on Thursday following sharp gains the previous session, with renewed concerns about a possible near-term US interest rate hike curbing risk appetite.

The Hang Seng index rose 0.1 per cent, to 20,397.11, while the China Enterprises Index lost 0.1 per cent, to 8,526.19 points.

Most sectors rose, with energy shares leading the gains as Brent crude oil prices rose above US$50 a barrel for the first time in nearly seven months.