Broker Center sponsored links

HK stocks rise as ICBC eyes profit jump

Wed Apr 9, 2008 10:10pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

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)

 

Featured Broker sponsored link

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended
The global destination for corporate leaders, deal-makers and innovators