HK stocks set to open down 0.10 pct; Swire Pacific gains

Tue Nov 3, 2009 1:57am GMT
 
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 HONG KONG, Nov 3 (Reuters) - Hong Kong stocks are set to open
0.1 percent lower on Tuesday, as local property companies
extended losses, while Swire Pacific (0019.HK) rose after
disclosing plans for a separate listing of its property
subsidiary.
 The benchmark Hang Seng Index .HSI was indicated to open
down 21.56 points at 21,598.63.
 The China Enterprises Index .HSCE of top locally listed
mainland Chinese stocks was set to rise 0.12 percent to
12,757.12.
 Swire Pacific rose 2.95 percent. The aviation-to-property
conglomerate is considering a separate main-board listing for
unit Swire Properties.
 Fashion retailer Trinity (0891.HK) traded at HK$3.00 on its
debut, versus its IPO price of HK$1.65.
 (Reporting by Jun Ebias; Editing by Chris Lewis)




 

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