China Everbright Technology shares held up remarkably well yesterday, after the company said it was not aware of any talks over the injection of the 7.7 per cent stake in Hongkong Telecom bought by its parent. It ended 5.83 per cent weaker at $1.78, surprising brokers who had expected the share price to come off more heavily. The issue was suspended on Tuesday ahead of the statement. Investors had pushed its share price up 105 per cent in the two sessions to Monday's close amid hopes that it would receive the holding. Parent China Everbright Holdings bought the Telecom stake from fellow mainland-backed group Citic Pacific for $11.4 billion last Friday. Two other listed sister companies had mixed fortunes yesterday. China Everbright International dipped 3.81 per cent to $1.77, while China Everbright-IHD Pacific firmed 2.22 per cent to $9.20.