HK's main index sets new peak as oil shares rally

HONG KONG, Oct 16 (Reuters) - Hong Kong stocks reached
all-time highs on Tuesday as investors bought on dips, with keen
interest in PetroChina Co Ltd (0857.HK: Quote, Profile, Research, Stock Buzz) and other oil issues as
crude prices struck fresh records.

A domestic listing by PetroChina before month-end also buoyed
the sector.

As of 0252 GMT, the benchmark Hang Seng Index .HSI had hit
a high of 29,753.09. The China Enterprises Index of Hong
Kong-listed shares in mainland companies .HSCE was up 2
percent, crossing 20,000 for the first time.