• Most Popular
  • Most Shared

REFILE-HK shares track Asian markets higher, properties up

Wed Oct 24, 2007 10:29pm EDT

Stocks

    
 (Refiles to fix day in first paragraph to Thursday)
 (Updates to open)
 HONG KONG, Oct 25 (Reuters) - Hong Kong stocks were broadly
higher on Thursday, amid talk of a rate cut before the U.S.
Federal Reserve's policy meeting this month, helping Cheung Kong
(0001.HK) and other property stocks outperform.
 The benchmark Hang Seng Index .HSI opened up 1.1 percent at
29,660.47. The China Enterprises index of H shares .HSCE, or
Hong Kong-listed shares in mainland companies, was up 1.2 percent
at 19,828.17.
 The Hang Seng property sub-index .HSNP jumped 2.5 percent
at 0202 GMT.



More from Reuters

Photo

Obama will not rush Afghan troop drawdown

OSLO (Reuters) - There will be no "precipitous drawdown" of U.S. forces in Afghanistan and U.S. troops could still be in the country for years to come, President Barack Obama said on Thursday.

» More Top News
A security personnel stands guard near oil pipelines at Tawke oil field near Dahuk, 400 km (245 miles) north of Baghdad May 9, 2009. REUTERS/Azad Lashkari

Now or never for Big Oil

The pressure's on for oil giants looking to secure rare access to cheap Middle East reserves as Iraq gears up to auction off some of the world's largest untapped oilfields.  Full Article 

Energy
A glass of tap water is served at a restaurant in New York June 10, 2009 REUTERS/Shannon Stapleton

G7 glass half empty

Recovering from a punishing global recession has forced the world's richest nations to pay dearly, prompting subdued growth prospects and delayed sighs of relief.   Full Article 

Global markets