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Hong Kong shares edged down on Friday as investors stayed cautious, with some worrying that good US retail data will cause the Federal Reserve to starting raising interest rates not too far into 2015.
The Hang Seng index fell 0.3 per cent to 23,249.20, while the China Enterprises Index lost 0.2 per cent, to 11,236.39 points.
For the week, both indexes fell 3.1 per cent, posting their biggest weekly losses since mid-March.
Among the most actively traded stocks on Hong Kong’s main board were Mongolian Mining Corp, up 31.3 per cent to HK$0.02, CCT LAND, unchanged at HK$0.02 and CGN Power, down 2.2 per cent to HK$3.54.
Chinese investment flowing from Shanghai into Hong Kong through the mutual market access pilot programme took up 0.31 billion yuan ($50.12 million) of the 10.5 billion yuan daily quota.
Total trading volume of companies included in the HSI index was 1.6 billion shares. ($1 = 6.1853 Chinese yuan renminbi)
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