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Hong Kong shares slip in choppy trade as Tencent slides

Casino operators gain ahead of release of Macau gaming revenue data

HONG KONG (Nikkei Markets) -- Hong Kong shares edged lower in a choppy morning session on Friday as lingering weakness in heavyweight Tencent Holdings overshadowed positive overnight cues from Wall Street.

The Hang Seng Index had fallen 0.1% to 29,138.74 by noon, after changing direction at least five times. The gauge had advanced as much as 0.6% earlier in the day. Social media and gaming major Tencent dropped 2.2%, heading for its third straight decline after rising to record highs last month following upbeat quarterly earnings.

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