HSI -0.2%, HSCE -0.2%, CSI300 +0.5% FTSE China A50 +0.7%
June 4 (Reuters) - Hong Kong stocks dipped on Friday to end the week lower, in line with other Asian markets, amid worries over higher inflation and an earlier withdrawal of U.S. Federal Reserve stimulus. At the close of trade, the Hang Seng index was down 47.93 points or 0.17% at 28,918.10. The Hang Seng China Enterprises index fell 0.2% to 10,805.64. The sub-index of the Hang Seng tracking energy shares dipped 0.3%, while the IT sector dipped 0.91%, the financial sector ended 0.11% higher and the property sector dipped 0.32%. The top gainer on the Hang Seng was Geely Automobile Holdings Ltd, which gained 6.21%, while the biggest loser was Haidilao International Holding Ltd, which fell 6.23%.
South Africa's MTN Group will bid again for an Ethiopia operating telecom licence in the second round if mobile financial services are included, its CEO said on Friday after losing the first round.