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HK Hot Stocks - Cosco Pacific, Hysan Development fall

Published: 18 Oct 2009 18:37:30 PST

HONG KONG, Oct 19 - By 0230 GMT, the benchmark Hang Seng Index <.HSI> was down 0.14 percent at 21,900.08.

The China Enterprises Index <.HSCE> of top locally listed mainland Chinese stocks was down 0.08 percent at 12,740.63.

Here are some of the stocks on the move:

* COSCO Pacific <1199.HK> slipped 1.15 percent, even after the port operator said on Monday that it expected a resumption of normal operations at its Piraeus Container Terminal on Oct. 19 after labour unions announced the end of a strike. For statement please click http://www.hkexnews.hk/listedco/listconews/sehk/20091019/LTN20091019010.pdf

* Hysan Development <0014.HK> fell 0.9 percent. The property company said on Monday that chairman and acting CEO Peter Lee had died at his home on Oct. 17, aged 55. It said the board had appointed David Akers-Jones as acting chairman and the incident would not disrupt operations. It gave no further information. For statement please click http://www.hkexnews.hk/listedco/listconews/sehk/20091018/LTN20091018006.pdf


Source: Reuters

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