Around the World's Markets: Hong Kong

WITH MOST investors sitting on the sidelines awaiting news of President Clinton's impeachment and direction from Wall Street, the Hang Seng ended a shade lower at 9,939, down 0.1 per cent on the day.

Cheung Kong Holdings, Hong Kong's biggest property developer, rose 1.4 per cent on expectations that confidence would be restored to the real estate market as interest rates fall. Sun Hung Kai Properties, another developer, rose 2.3 per cent.