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HK stocks ease, power firms down but Lenovo up

Thu Apr 17, 2008 10:13pm EDT

Stocks

    
 HONG KONG, April 18 (Reuters) - Hong Kong stocks eased on
Friday, tracking lower Shanghai shares, as Chinese power and
power equipment counters came under pressure on concerns about
rising costs.
 The benchmark Hang Seng Index opened down 0.1 percent at
24,234.53 on Friday,
 The China Enterprises Index of Hong Kong-listed mainland
companies, or H shares, eased 0.56 percent to 12,814.97.
 But Lenovo (0992.HK), the world's No. 4 personal computer
maker, bucked the negative market trend to rise 2.87 percent
following a strong showing by U.S. technology bellwether
International Business Machines Corp (IBM.N).
  (Reporting by Alison Leung; Editing by Anne Marie Roantree)



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