Hong Kong shares to open down 1.4 pct, cyclicals lead tumble

HONG KONG Wed Nov 7, 2012 8:26pm EST

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HONG KONG Nov 8 (Reuters) - Hong Kong shares were set to start weaker on Thursday, with the more growth-sensitive stocks among the biggest losers as investors shift their focus to the looming "fiscal cliff" that confronts the U.S. economy.

The Hang Seng Index was set to open down 1.4 percent at 21,785.8. The China Enterprises Index of the top Chinese listings in Hong Kong was indicated to start down 1.6 percent.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.