HONG KONG: CLOSING WRAP, 06Jun2013

Hong Kong shares follow the US and China closing down just over 1% today. Home prices rise 0.2% week on week according to Nomura. Shun Tak takes down 33.3% of Jetstar, Hutch plans to buy O2 Ireland and Hopewell looks to spin off and list its property arm. Here’s what you missed.

It was a busy day of acquisitions for Hong Kong’s tycoons!

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Hutchinson Whampoa (0013) to buy O2 Ireland

Sir Li Ka-shing expands his European telco empire.

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