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HK stocks set to open up 0.37 pct; debutants rise

Wed Nov 25, 2009 7:28am IST
 
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 HONG KONG, Nov 25 (Reuters) - Hong Kong stocks are set to
open up 0.37 percent on Wednesday on bargain-hunting after a
sell-off in the previous session, but gains could be capped
following losses overnight on Wall Street.
 Market debutants Fantasia Holdings Group Co (1777.HK: Quote, Profile, Research), a
Chinese property developer, and Sany Heavy Equipment (0631.HK: Quote, Profile, Research), a
Chinese equipment maker, rose 10 percent and 27 percent
respectively on their first trading day, signaling buoyant
sentiment.
The benchmark Hang Seng Index .HSI was set to open up 82.79
points at 22,505.93.
 The China Enterprises Index .HSCE of top locally listed
mainland Chinese stocks was set to rise 0.23 percent to
13,400.41.
 (Reporting by Sui-Lee Wee, Editing by Jonathan Hopfner)
 ((suilee.wee@thomsonreuters.com; +852 2843 6314; Reuters
Messaging: suilee.wee.reuters.com@reuters.net))
 ((If you have a query or comment on this story, send an email to
news.feedback.asia@thomsonreuters.com))

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