Hong Kong stocks saw another day of quiet trade yesterday, as investors refrained from taking positions ahead of the weekend and next week's meeting of the US Federal Open Market Committee, which could raise interest rates.
Most of the excitement was created by warrants issued on a wide range of firms, including blue-chips, red chips and even H shares.
The benchmark Hang Seng Index closed at 11,175.98, up a slim 17.59 points from Thursday.
Turnover was $4.32 billion, from $4.54 billion the previous day.
Losers edged gainers 242 to 239, but most stocks, 375, ended unchanged.
Samuel Ho, senior marketing manager at Seapower Securities, said: 'Trade was not active, most of the focus was on China stocks.' Credit Lyonnais is to issue warrants on a basket of H shares, while Credit Suisse is to issue warrants on a basket of shares including red chips.