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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Hong Kong's main stock index ends flat AP - 1 hour 34 minutes ago HONG KONG - Hong Kong stocks ended flat Monday in razor-thin trade as gains in mainland China's market helped offset Wall Street's dour performance and news Japan had slipped into recession. The blue-chip Hang Seng Index lost 13.13 points, or 0.1 percent, to close at 13,529.53. Many investors are waiting for new cues to give the market direction, analysts said. "People are staying on the sidelines," said Linus Yip, a strategist at First Shanghai Securities. "There's no direction so money isn't coming into the market." Monday's volume was among the year's lowest, he said. Airlines rose as crude oil prices fell below $56 a barrel in Asian trade with Cathay Pacific gaining 0.9 percent to 8.08 Hong Kong dollars. China Southern soared almost 12 percent to HK$1.22, boosted by state media reports that the Chinese government will inject capital into the carrier. Among local developers, Cheung Kong added 3.3 percent to HK$67.6. Sun Hung Kai Properties Ltd., Hong Kong's biggest developer by market value, lost 0.7 percent to HK$58.4. Hong Kong's interbank lending rate, known as Hibor, for three-month loans was down slightly at 2.15 percent. ____ On the Net: Stock Exchange of Hong Kong: http://www.hkex.com.hk Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy Japan slips into recession after lacklustre G20AFP - 1 hour 14 minutes ago Hong Kong's main stock index ends flatAP - 1 hour 38 minutes ago Filipino workers remittances rise despite crisisAP - 2 hours 17 minutes ago Climate Change Capital to spend $732 mln in ChinaReuters - 2 hours 32 minutes ago Related Articles: Business UBS to change the way it pays senior managersAP - 20 minutes ago Air France sees traffic back to normal TuesdayAP - 24 minutes ago FTSE-100 down 71.22 at 4,161.75AP - 27 minutes ago Lowe's 3Q profit falls on slow spendingAP - 27 minutes ago Citigroup chairman doesn't deny job cuts are nearAP - 27 minutes ago Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed US space-funeral company plans to launch lunar cemetery Obama thinking big, despite crisis Prince Charles wants to speak out as king: biographer Earth would be heading to a freeze without CO2 emissions Democrats face White House opposition to new economic plan View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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