Hong Kong, China shares trim weekly gains, rail sector surges

China shares looked to end their best week in five months on a whimper, with Hong Kong also weaker, as investors on Friday trimmed gains in recent outperformers ahead of more China economic data that could disappoint.

Encouraging statements from Chinese Premier Li Keqiang triggered a broad rally in both markets this week on hopes for economic stimulus following anaemic data. Tentative signs of support for sectors plagued by overcapacity emerged on Friday.

via Business feed http://www.scmp.com/business/money/stock-talk/article/1280985/hong-kong-china-shares-trim-weekly-gains-rail-sector