SHANGHAI, Dec 29 (Reuters) - Hong Kong shares snapped a
five-session rising streak and finished lower on Wednesday
dragged by tech giants, as sentiment remained weak on the
The Hang Sen index fell 0.8% to 23,086.54, while the
China Enterprises Index lost 1.2% to 8,098.76 points.
** China's central bank will by the end of the month issue a
first batch of low-cost loans to financial institutions to
enable carbon emission cuts, central bank governor Yi Gang told
** Yi also said the PBOC will keep its monetary policy
flexible and appropriate, and liquidity ample.
** Hang Seng Tech index fell 1.8% to a record low
since its inception in July 2020, with Alibaba Group,
Tencent Holdings and Meituan down 2.6%, 1.2%
and 3.3%, respectively.
** The three tech giants, also heavyweights in the Hang Seng
Index, were the biggest point contributors dragging down the
** Healthcare stocks dropped 1.9%, while consumer
staples declined 1.4%.
** Hotpot chain Haidilao International Holdings
plunged 5.7%, the biggest percentage decliner on the Hang Seng
** Mainland real estate developers listed in Hong Kong
** Property developer China Aoyuan Group Ltd
tumbled 9.7% after it was served with a writ of summons issued
in a Hong Kong court by Citi and Nine Masts Investment Fund for
a claim of $131 million debt.
(Reporting by the Shanghai Newsroom; Editing by Shailesh Kuber)