HK shares open little changed; Chalco soars

HONG KONG, July 11 (Reuters) - Hong Kong shares will hold steady at the open on Friday, with weakness in regional markets and higher oil prices weighing on the market.

Shares in Aluminum Corp of China (2600.HK), known as Chalco, were set to open 6 percent higher after aluminium prices rose to a record high on Thursday on news that China's top producers were cutting output by up to 10 percent.

China's second-largest bank, China Construction Bank (0939.HK), will open 1.3 percent higher after issuing a positive profit estimate for the first half on Thursday.

The Hang Seng Index .HSI is set to open 12.86 points higher at 21,834.64.

The China Enterprises Index .HSCE of top locally listed Chinese companies will open 0.2 percent higher. (Reporting by Parvathy Ullatil; Editing by Anne Marie Roantree)