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Nikkei Markets

ASIA MARKETS: Hong Kong Stocks Slip As Chinese Companies Extend Fall

By Carrie Chen and Amy Lam
Nikkei Markets
HONG KONG (Nov 29) -- Hong Kong shares edged lower on Wednesday as Chinese companies listed in the city fell for the fourth time in five days, led by insurers and banks.

The Hang Seng Index gave up 0.2% at 29,623.83, with heavyweight Tencent Holdings losing 1.8% and life insurer AIA Group slipping 0.5%. The 40-member Hang Seng China Enterprises Index of large mainland companies retreated 0.5% to a one-week low. Ping An Insurance Group dropped 1.9%, China Life Insurance shed 0.6% and China Pacific Insurance Group declined 1.1%.

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