Hong Kong's Hang Seng Index ended Friday marginally down, but posted its biggest weekly loss in two months, as rising bond yields triggered volatility in global equities. At close of trade, the Hang Seng index was down 40.31 points or 0.12 percent at 32,601.78. The Hang Seng China Enterprises index rose 0.78 percent to 13,538.66.
For the week, the Hang Seng lost 1.7 percent, its biggest weekly fall in two months. The sub-index of the Hang Seng tracking energy shares rose 4.5 percent while the IT sector dipped 0.91 percent, the financial sector was 0.18 percent lower and the property sector dipped 0.51 percent. The top gainer on Hang Seng was AAC Technologies Holdings Inc up 7.6 percent, while the biggest loser was China Merchants Port Holdings Co Ltd which was down 5.29 percent.
As of the previous trading session, the Hang Seng index was up 9.1 percent this year, while China's H-share index was up 14.7 percent. The top gainers among H-shares were People's Insurance Group of China Co Ltd up 7.05 percent, followed by China Shenhua Energy Co Ltd gaining 6 percent and Air China Ltd up by 4.26 percent.
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