HK shares open little changed; Bossini soars

HONG KONG, July 28 | Mon Jul 27, 2009 10:00pm EDT

HONG KONG, July 28 (Reuters) - Hong Kong shares will open barely changed on Tuesday as investors look to lock-in gains from the recent sharp rally that took the main index to a 10-month high.

China Unicom (0762.HK) will start 2.6 percent higher on a report that China's No.2 wireless service provider had reached an agreement with Apple Inc. (AAPL.O) to be the sole supplier of the iPhone in China for three years.

The benchmark Hang Seng Index .HSI was indicated to open up 10.32 points at 20,261.94.

Garment retailer Bossini International Holdings (0592.HK) are set to soar after the company said its controlling shareholder Law Ka Sing was in talks to sell his 68.58 percent stake in the company to a potential investor.

The stock will open 40.9 percent higher at HK$0.50.

The China Enterprises Index .HSCE, which represents top locally listed mainland Chinese stocks, was 0.1 percent lower at 12,180.38. (Reporting by Parvathy Ullatil; Editing by Chris Lewis)

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