Hong Kong shares to start down 0.3 pct, local developers slide

HONG KONG, Oct 29 (Reuters) - Hong Kong shares are set to start the week lower on Monday, dragged lower by local developers after the city's government announced last Friday new property cooling measures aimed at curbing price increases.

The Hang Seng Index was set to open down 0.3 percent at 21,478.1. The China Enterprises Index of the top Chinese listings in Hong Kong was indicated to open up 0.2 percent.