HK stocks set to open down 0.10 pct; Swire Pacific gains
Published: 02 Nov 2009 18:00:26 PSTHONG KONG, Nov 3 - Hong Kong stocks are set to open 0.1 percent lower on Tuesday, as local property companies extended losses, while Swire Pacific rose after disclosing plans for a separate listing of its property subsidiary.
The benchmark Hang Seng Index was indicated to open down 21.56 points at 21,598.63.
The China Enterprises Index of top locally listed mainland Chinese stocks was set to rise 0.12 percent to 12,757.12.
Swire Pacific rose 2.95 percent. The aviation-to-property conglomerate is considering a separate main-board listing for unit Swire Properties.
Fashion retailer Trinity traded at HK$3.00 on its debut, versus its IPO price of HK$1.65.
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