Hong Kong stocks steady

Hong Kong stocks clawed back to end flat, after early losses and on pressure from a tepid energy sector. However, risks from the mainland stocks continue to hang over the local market, limiting the room for rebound. The city's main Hang Seng index ended at 25,454.55, losing just 0.03 pct. The Hang Seng China Enterprises index ended 0.6 percent lower at 10,198.33.
The indices were weighed down by energy companies, which are pressured by rising oil prices. The sub-index of the Hang Seng tracking energy shares dipped as much as 3 percent, before closing at 2.4 percent. The sub indices tracking the IT sector dipped 0.21 percent, while the financial sector was 0.1 percent lower and property sector rose 0.94 percent. China Petroleum & Chemical Corp, which was down 4.27 percent, was the biggest loser on the Hang Seng and among H-shares.