HK stocks rise as ICBC eyes profit jump
HONG KONG, April 10 (Reuters) - Hong Kong stocks rose 0.49 percent on Thursday as financial plays gained after China's biggest bank, ICBC (1398.HK: Quote, Profile, Research, Stock Buzz), estimated its net profit will jump in the first quarter, offsetting concerns over a U.S. recession.
The Hang Seng Index .HSI opened at 24,101.41. The China Enterprises Index of Hong Kong-listed mainland companies .HSCE, or H shares, was up 0.37 percent at 12,991.35 as of 0202 GMT. (US$1=HK$7.8) (Reporting by Judy Hua; Editing by Anne Marie Roantree)
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