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Hong Kong shares end up 0.7 pct at five-month high

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HONG KONG, Oct 12 (Reuters) - Hong Kong shares finished at afive-month high on Friday, posting a sixth-straight weekly riseon expectations of more government measures to shore up theworld's second-largest economy. Chinese banking shares led therise.

The Hang Seng Index ended up 0.7 percent and 0.6percent stronger on the week at 21,136.4. The China EnterprisesIndex of the top Chinese listings in Hong Kong rose 1.1percent and 3.8 percent for the week at 10,345.3.

The CSI300 Index of the biggest Shanghai andShenzhen listings gained 0.1 percent and was 0.5 percent higherfor the week to 2,304.5. The Shanghai Composite Indexwas up 0.1 percent and 0.9 percent on the week.

HIGHLIGHTS:

* Strength in Chinese financials helped the China EnterpriseIndex, also known as the H-share index, outperform the Hang SengIndex for a second straight week. Further strength in Chineseshares could depend on more economic data expected over the nextfew days, which could offer fresh clues to the extent of theslowdown in the world's second-largest economy.

* Sands China led gains in the Macau gamingsector, surging 4.9 percent after Credit Suisse analysts saidthey expect to see Sands post the strongest quarter-on-quarterEBITDA growth of 16 percent among its sector peers.

* Li Ning jumped 3.4 percent after China'sbest-known sportswear brand said its chief financial officer hasresigned, the latest departure from senior management as thecompany grapples with a slowdown in the world's second-largesteconomy.

WEEK AHEAD:

* Beijing is expected to post September trade data onSaturday and inflation on Monday. Data posted in the final hourof trading showed Chinese banks extended 623.2 billion yuan($99.28 billion) of new local-currency loans in September,missing market expectations for 650 billion yuan.

(Reporting by Clement Tan and Vikram Subhedar; Editing bySanjeev Miglani)

((clement.tan@thomsonreuters.com)(+852 2843-6392)(ReutersMessaging: clement.tan.thomsonreuters.com@reuters.net))

Keywords: MARKETS HONGKONG STOCKS/CLOSE

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