HONG KONG, April 8 (Reuters) - Hong Kong shares ended flat
on Monday, as gains in the Chinese airline and banking sectors
offset weakness in Chinese energy stocks in tepid turnover ahead
of a slew of China economic data starting on Tuesday.
The Hang Seng Index closed flat at 21,718.1. The
China Enterprises Index of the top Chinese listings in
Hong Kong also ended flat.
The CSI300 of the leading Shanghai and Shenzhen
A-share listings ended down 0.5 percent. The Shanghai Composite
Index shed 0.6 percent to close below its 100-day moving
average. Both shut at their lowest levels since Dec. 27.
* Air China's Hong Kong listing rebounded 4.5
percent after Credit Suisse lifted its view of the Asian airline
sector to overweight, following a price tumble on Friday that
the brokerage saw as a buying opportunity. That day, Air China
suffered its worst one-day loss in nearly four years in Hong
Kong, plunging almost 10 percent.
* Bird flu jitters were also cited for lacklustre secondary
housing market sales in Hong Kong over the weekend, broadly
hurting the share prices of local property developers. New World
Development shed 1.3 percent.
* Shares of Italian fashion house Prada SpA
tumbled 4 percent after its 2012 core earnings and margins
disappointed despite a boost to margins through a reduced
discount sales period and better distribution control.