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Hong Kong: Shares edge up on Shanghai-connector expectations
[SHANGHAI] Hong Kong shares, swinging between gains and losses, finished up on Friday as expectations on Monday's launch of the Shanghai-Hong Kong stock connector outweighed losses for oil shares as US crude futures dropped.
The Hang Seng index unofficially closed up 0.3 per cent, to 24,087.38 points, while the Hong Kong China Enterprises Index fell 0.4 per cent, to 10,761.51 points.
For the week, the Hang Seng rose 2.3 per cent and the HSCE advanced 2.1 per cent.
Among the most actively traded stocks in Hong Kong on Friday was top winner Mengniu Dairy. Top losers were oil companies including Kunlun Energy, Sinopec, and PetroChina.