Hong Kong shares to open up 0.9 pct at 19-mth intra-day high
HONG KONG Jan 2 (Reuters) - Hong Kong shares were set to start 2013 at a 19-month high on Wednesday, with the benchmark Hang Seng Index buoyed by a 2.9 percent rise for Chinese steel-to-property conglomerate Citic Pacific.
The Hang Seng Index was set to open up 0.9 percent at 22,860.3, its highest intra-day level since June 2011. The China Enterprises Index of the top Chinese listings in Hong Kong was indicated to start up 1.1 percent.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.