Hong Kong shares to open up 0.7 pct, China Shenhua jumps
HONG KONG, April 11
HONG KONG, April 11 (Reuters) - Hong Kong shares were poised to start higher on Thursday, with gains on benchmark indexes buoyed by a 3.3 percent jump for China Shenhua Energy Co Ltd , the mainland's largest coal producer.
The Hang Seng Index was set to open up 0.7 percent at 22,198.5. The China Enterprises Index of the leading Chinese listings in Hong Kong was also indicated to start 0.7 percent higher.
Chinese banks extended 1.06 trillion yuan ($171.2 billion) of new local currency loans in March, above market expectations for 850 billion yuan and sharply higher than the previous month, central bank data released shortly before the market open showed.
- Tweet this
- Share this
- Digg this
- UPDATE 1-Don't mess with nuclear Russia, Putin says
- Don't mess with nuclear Russia, Putin says
- Ukraine seeks to join NATO; defiant Putin compares Kiev to Nazis |
- Exclusive - Over 100 Russian soldiers killed in single Ukraine battle - Russian rights activists
- Scotland's pro-independence campaign gains on final TV debate - poll