Hong Kong shares to open up 0.5 pct at highest since May 2011

HONG KONG Wed Jan 30, 2013 1:28am GMT

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HONG KONG Jan 30 (Reuters) - Hong Kong shares are set to start at their highest intra-day level since May 2011 on Wednesday, helped by gains of 1.2 percent for heavyweights China Construction Bank and China Shenhua Energy Co Ltd .

The Hang Seng Index is set to open up 0.5 percent at 23,767.3, its highest intra-day level since early May 2011. The China Enterprises Index of the top Chinese listings in Hong Kong was indicated to start up 0.6 percent.


After wave of QE, onus shifts to leaders to boost economy

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.