Thursday October 29, 08:24 AM
HK stocks end down 2.3 pct at lowest close in over 3 wks
HONG KONG, Oct 29 (Reuters) - Hong Kong stocks ended down for
a third straight session on Thursday, as Nine Dragons
slumped on its plan to issue new shares, while Geely Automobile (0175.HK - news) gained on its parent's Volvo (Stockholm: VOLV-B.ST - news) bid.
The Hang Seng Index closed down 2.28 percent, or
496.59 points, at 21,264.99, its lowest in more than three
weeks.
The China Enterprises Index of top locally listed mainland
Chinese stocks was down 2.84 percent at 12,466.67.
Nine Dragons tumbled 11.49 percent.
Geely Automobile rose 2.09 percent. Ford Motor named
Geely's parent as a preferred bidder for its loss-making Swedish
unit Volvo Car Corp.
(Reporting by Jun Ebias; Editing by Chris Lewis)
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