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China Enterprises Index falls 1.69%
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The Hang Seng China Enterprises Index lost 201.48 points, or 1.69 percent, to close at 11,742.39 on Friday ahead of the grand opening ceremony of the Beijing 2008 Olympic Games.

The H-shares index, initiated in August 1994 and readjusted on March 10, 2008, tracks the overall performance of 42 Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange.

The Hang Seng China H-Financials Index dropped 225.39 points, or 1.44 percent, to close at 15,406.89.

The H-Financials Index, initiated on November 27, 2006, readjusted on September 10, 2007, tracks the performance of nine major banks and insurers of the Chinese mainland.

The Hang Seng Mainland Composite Index shed 66.63 points, or 1.69 percent, at 3,880.89.

Introduced on October 3, 2001 and readjusted on September 11, 2006, the Hang Seng Mainland Composite Index gauges the performance of 103 Hong Kong-listed companies with principal places of business in Hong Kong and the Chinese mainland.

The Hang Seng China-Affiliated Corporations Index weakened 74. 75 points, or 1.66 percent, to close at 4,419.81.

The index tracks the performance of 31 locally listed companies with a significant equity interest held by entities in the Chinese mainland.

(Xinhua News Agency August 9, 2008)

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