Hong Kong stocks ended Friday's session little changed, as investors returning from a two-day Christmas break grew cautious after China's industrial profits declined for a fourth straight month.
The Hang Seng Index barely moved in negative territory to close the holiday-shortened week at 20,090.46. The Hang Seng China Enterprises Index ended marginally higher at 7,305.36.
Official data showed that China's industrial profits fell 4.7% in the January-November period from a year ago.
In November alone, industrial firms posted a 7.3% decline in profit, softer than the 10% decrease in October but above the 6% slide projected by analysts surveyed by Bloomberg.
"The market is expected to trade sideways until there is more clarity on the supportive measures and new US tariffs," Zheng Xiaoxia, an analyst at Hua An Securities, was quoted by South China Morning Post as saying.
In corporate news, Minieye Technology (HKG:2431) had a strong trading debut as the intelligent driving solutions provider closed at HK$19.40 per share, up 14.% from its IPO price of HK$17.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。