HK shares open down 1 pct; Sichuan Expressway gains
HONG KONG, July 6 (Reuters) - Hong Kong shares opened 1 percent lower on Monday as falling energy and other commodity prices weighed, but Chinese toll road operator Sichuan Expressway is set to buck the trend after announcing plans to list in Shanghai.
Sichuan Expressway Co (0107.HK: Quote, Profile, Research) will open 4.2 percent higher at HK$3.51 after it said it planned to raise as much as 2 billion yuan ($292 million) via a public share offering in Shanghai, marking China's first major IPO since last September.
The benchmark Hang Seng Index .HSI will start 183.30 points lower at 18,020.10.
The China Enterprises Index .HSCE, which represents top locally listed mainland Chinese stocks, will open down 1.3 percent at 10,839.66. (Reporting by Parvathy Ullatil; Editing by Chris Lewis)
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