Hong Kong shares to open up 0.6 pct, Ping An Insurance jumps

HONG KONG Mon Feb 4, 2013 6:56am IST

HONG KONG Feb 4 (Reuters) - Hong Kong shares are set to start the week stronger on Monday, helped by a 2.5 percent jump in Ping An Insurance after China approved the sale of HSBC's remaining stake in the mainland's second-largest insurer.

The Hang Seng Index was set to open up 0.6 percent at 23,866.8. The China Enterprises Index of the top Chinese listings in Hong Kong was indicated to also 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.