HK shares open down 1.7 pct tracking Wall St losses

HONG KONG, Aug 12 (Reuters) - Hong Kong shares will open 1.7 percent lower on Wednesday, falling off a 12-month closing high in the previous session, on overnight losses on Wall Street and caution ahead of the Federal Reserve's latest interest rate decision.

The benchmark Hang Seng Index .HSI was indicated to open 348.31 points lower at 20,725.90.

The China Enterprises Index .HSCE, which represents top locally listed mainland Chinese stocks, was down 1.9 percent at 11,767.25. (Reporting by Parvathy Ullatil; Editing by Chris Lewis)