HK stocks set to open up 1.2 pct; HSBC rises - News

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HK stocks set to open up 1.2 pct; HSBC rises

By: AFX | 10 Nov 2009 | 09:11 PM ET

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HONG KONG, Nov 11 (Reuters) - Hong Kong shares are set to open 1.19 percent higher on Wednesday, boosted by a strong outlook from index heavyweight HSBC and gains in overseas markets. HSBC rose 4.68 percent to HK$92.85 after the bank declared on Tuesday the first improvement for three years in losses on U.S. consumer credit. The benchmark Hang Seng Index was set to open up 265.98 points at 22,534.14. The China Enterprises Index of top locally listed mainland Chinese stocks was set to rise 0.7 percent to 13,460.47. (Reporting by Sui-Lee Wee, Editing by Chris Lewis) ((suilee.wee@thomsonreuters.com; +852 2843 6314; Reuters Messaging: suilee.wee.reuters.com@reuters.net)) Pan-Asia...... Japan........ S.Korea.... S.E. Asia............ Hong Kong... Taiwan..... Australia/NZ......... India....... China...... OTHER MARKETS: Wall Street........... Gold......... Currency.. Eurostocks...........

Oil........... JP bonds... ADR Report.......... LME metals.. US bonds... Stocks News US... Stocks News Europe... DIARIES & DATA: IPO diary & data Asia earnings diary U.S. earnings diary European diary Taiwan diary Wall Street Week Ahead Eurostocks Week Ahead World forecasts TOP NEWS: For top Asian company news, double click on: U.S. company news European company news Forex news Global Economy news Technology news Telecoms news Media news Banking news Politics/General news Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks Currency rates Dow Jones/NASDAQ Nikkei FTSE 100 Debt Hong Kong Dollar LME price overview Keywords: MARKETS HONGKONG STOCKS (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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