HONG KONG, Oct 21 (Reuters) - Hong Kong stocks are set to
open 0.38 percent lower on Wednesday tracking softer overseas
markets, but Huaneng Power (0902.HK) is higher after posting
strong quarterly earnings.
Huaneng Power, China's largest electricity provider, is set
to open 3.5 percent higher after reporting that it swung to a
third-quarter profit on increased output from new operating
units, two tarrif rises in the second half of 2008 and lower coal
costs.
The benchmark Hang Seng Index .HSI was indicated to open
down 85.31 points at 22,299.65.
The China Enterprises Index .HSCE of top locally listed
mainland Chinese stocks was set to fall 0.41 percent to
12,986.12.
(Reporting by Donny Kwok; Editing by Chris Lewis)
