HK shares set to rise 0.24 pct as Sinopec supports

HONG KONG, June 18 (Reuters) - Hong Kong shares were set to rise 0.24 percent on Wednesday, helped by an extended rally in refiner Sinopec Corp (0386.HK), as crude oil prices fell further in Asian trade.

Sinopec was up 2.3 percent.

Sun Hung Kai Properties (0016.HK), Hong Kong's largest property developer, rose 2.4 percent after Goldman Sachs upgraded the stock to buy rating from neutral following a 31 percent fall in its share price this year.

The Hang Seng Index .HSI was up 56.46 points at 23,114.45.

The China Enterprises Index of top locally-listed mainland shares rose 0.4 percent. (Reporting by Parvathy Ullatil; Editing by Anne Marie Roantree)