HK shares open up 2.5 percent on Fed comments

HONG KONG, July 9 (Reuters) - Hong Kong shares will open 2.5 percent higher on Wednesday, rebounding from steep losses in the previous session, after the U.S. Fed said it may keep open a lifeline for credit crises-hit Wall Street banks.

HSBC Holdings (0005.HK: Quote, Profile, Research) is set to open 1.9 percent higher after losing 2.4 percent on Tuesday as investors fretted about further write-downs at major banks.

The Hang Seng Index .HSI is set to open 520.05 higher at 21,740.86.

The China Enterprises Index .HSCE of top locally listed mainland banks will open 3.2 percent higher. (Reporting by Parvathy Ullatil; Editing by Anne Marie Roantree)