HONG KONG, Jan 4 (Reuters) - Hong Kong shares ended their
best week in six on a weaker note, as investors on Friday took
profit on outperformers in the past two days after the U.S.
Federal Reserve signalled growing concerns about its stimulative
The Hang Seng Index closed down 0.3 percent for the
day, but up 2.9 percent this week at 23,331.1. The China
Enterprises Index shed 0.4 percent on Friday, but jumped
4.9 percent this week.
In the mainland, the CSI300 of the top Shanghai
and Shenzhen A-shares closed up 0.1 percent on the day and 1.8
percent for the holiday-shortened week. The Shanghai Composite
Index rose 0.4 percent on Friday and 2 percent this
* The Fed's asset-purchase programme has been among the
chief reasons for the swelling inflows into the Chinese
territory that have buoyed markets. Fed reticence about further
growing its $2.9 trillion balance sheet could limit capital
flows, knocking the Hang Seng Index off 19-month highs.
* This week's gains were the China Enterprises Index's best
in nearly a year. For the Hang Seng, it was the best week since
the one that ended Nov. 23.
* Chinese non-banking financial and coal stocks were among
Friday's biggest drags after leading the surge in the first two
trading days of 2013 following a last minute U.S. deal averting
the fiscal cliff. Yanzhou Coal declined 0.9 percent
from Thursday's near-eight month high.