Do More With Reuters
Partner Services

HK shares open down 1 pct; Sichuan Expressway gains

Mon Jul 6, 2009 7:30am IST
 
Email | Print | | Single Page
[-] Text [+]

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)

REUTERS WEEKEND

Glory for Big B

Lifetime award for Bollywood actor Amitabh Bachchan.  Video 

'Trashy' Affair

Beijing man turns unwanted plastic bags into kites.  Video 

 
The new Droid phone, a Motorola Inc. and Verizon Wireless phone based on Google Inc's Android 2.0 system, is shown at a media event in New York October 28, 2009.REUTERS/Brendan McDermid
Motorola Droid

Not the Droid you’re looking for?  Blog 

View of the Casa Poporului or House of the People, now the Parliament Palace, in downtown Bucharest November 6, 2009.  REUTERS/Bogdan Cristel
Travel Postcard

48 hours in Bucharest for architecture buffs.  Full Article 

 
Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
Pledge to support economies

G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured.  Full Article | Related Story 

Photo
Miss England gives up crown over brawl reports Friday, 6 Nov 2009 

LONDON (Reuters) - Beauty pageant winner Miss England gave up her title on Friday after reports she had been involved in a nightclub brawl with another beauty queen.  Full Article