Hong Kong stocks end lower after recent gains, CALB unchanged on debut

Wharf Real Estate Investment

06/10/2022 09:54

HONG KONG, Oct 6 (Reuters) - Hong Kong shares closed
slightly lower on Thursday after a sharp jump in the previous
session, with the stock indexes underperforming firmer Asian
markets amid focus on China's economic growth prospects and U.S.
jobs data.
    ** Trading volumes were low as China was closed for the week
for National Day holiday.
    ** The Hang Seng index  .HSI  ended 75.82 points or 0.42%
lower at 18,012.15. The Hang Seng China Enterprises index
 .HSCE  fell 0.63% to 6,185.58.
    ** The sub-index of the Hang Seng tracking energy shares
 .HSCIE  climbed 0.7%, while the IT sector  .HSCIIT  dipped
0.51%, the financial sector  .HSNF  ended 0.52% lower and the
property sector dipped 0.29%.
    ** The top gainer on the Hang Seng was Wharf Real Estate
Investment Company  1997.HK , which jumped 4.67%, while the
biggest loser was Hansoh Pharmaceutical Group  3692.HK , which
dropped 7.57%.
    ** Shares of Chinese lithium battery maker CALB Co Ltd
 3931.HK  ended flat with HK$38 apiece offering price on debut.
The company raised $1.28 billion in its initial public offering,
the largest in Hong Kong in 2022.  urn:newsml:reuters.com:*:nL1N31702E
    ** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was firmer by 0.38%, while Japan's Nikkei index
 .N225  closed up 0.7%.
    ** The top gainers among H-shares were Haidilao
International  6862.HK  up 2.81%, followed by Meituan  3690.HK ,
gaining 1.26% and CNOOC  0883.HK , up by 1.23%.
    ** The three biggest H-shares percentage losers were JD
Logistics  2618.HK , which fell 3.89%, Geely Automobile
 0175.HK , which dropped 3.83% and Innovent Biologics 
 1801.HK , was down 3.82%.
 (Reporting by Donny Kwok; editing by Uttaresh.V)
 ((donny.kwok@thomsonreuters.com; +852 3462 7745;))