July 6, 2017 / 8:24 AM / a year ago

Hong Kong stocks slip, Tencent steadies and rises again

July 6 (Reuters) - Hong Kong stocks followed most Asian markets lower, after minutes from the Federal Reserve’s last meeting showed a lack of consensus on the pace of U.S. future interest rate increases.

The Hang Seng index fell 0.2 percent, to 25,465.22, while the China Enterprises Index lost 0.3 percent, to 10,346.32 points.

Sector performance was mixed. Gains were led by consumer and industrial stocks, and losses were seen in telecommunications and energy firms.

Shares in Tencent Holdings rose for a second day and steadied after volatile trade the past two sessions. The stock, which lost 4.1 percent on Tuesday, gained 0.3 percent on Thursday.

The gaming and social media firm said it would limit play time for some young users of its top-grossing mobile game, responding to criticism that Chinese children were getting addicted.

The index measuring price differences between dual-listed companies in Shanghai and Hong Kong stood at 127.84.

A value above 100 indicates Shanghai shares are pricing at a premium to shares in the same company trading in Hong Kong, and vice versa. (Reporting by the Shanghai Newsroom; Editing by Richard Borsuk)

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