HK stocks to open down 3.12 pct; Esprit,Lenovo,HSBC fall

Thu Feb 4, 2010 8:55pm EST

 HONG KONG, Feb 5 (Reuters) - Hong Kong stock are set to open
down 3.12 percent on Friday, as investors worry about worsening
fiscal problems in the eurozone area, with Esprit Holdings
(0330.HK) lower after its former chairman sold shares.
 Esprit shed 5.37 percent. The former chairman of the world's
No.7 fashion retailer sold shares worth $385 million.
[ID:nTOE61401U] The stock was also weighed down by concern about
Europe, the company's biggest market overseas.
 The benchmark Hang Seng Index .HSI was set to open down
635.40 points at 19,706.24. The China Enterprises Index .HSCE
of top locally listed mainland Chinese stocks was down 3.66
percent at 11,180.66 points.
 Chinese PC maker Lenovo Group (0992.HK) lost 6.85 percent,
despite posting a forecast-beating profit. [ID:nTOE611060]
 HSBC (0005.HK) was down 4.47 percent. A senior U.S. senator
said he planned to refer HSBC Holdings (HSBA.L) to the U.S. bank
regulator in connection with questionable accounts it provided
for senior Angolan officials. [ID:nN04103975]

































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