H shares were the outstanding counters in the region last week. The Hang Seng China Enterprises Index, which measures the 21 H-share companies, rose 4.52 per cent in the week, outpacing the Hang Seng and Hong Kong stocks traded in London. Most of the gains came on Thursday, the same day the Hang Seng Index broke 12,000, when news that Shanghai Hai Xing Shipping was likely to receive a favourable debt restructuring package from the government boosted the counters. Thai stocks were led down by Bangkok Bank amid news that embattled fund manager Jardine Fleming was dumping the stock to raise cash. Indian stocks racked up five straight days of losses on fears that economic growth would slow next year.