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HK stocks soar over 2 pct on U.S. rally

Thu May 1, 2008 10:07pm EDT

Stocks

   
 HONG KONG, May 2 (Reuters) - Hong Kong stocks opened up more
than 2 percent to hit a three-and-a-half month high on Friday,
tracking strong gains in U.S. and regional shares, as a drop in
oil prices and a stronger dollar calmed fears about inflation.
The benchmark Hang Seng Index .HSI opened up 2.21 percent
at 26,324.97 points, led by a 2.7 percent climb in heavyweight
China Mobile (0941.HK) which lifted the index more than 94
points.
 The China Enterprises Index of Hong Kong-listed mainland
companies .HSCE, or H shares, had risen 2.44 percent as of 0203
GMT.
  (US$1=HK$7.8)
(Reporting by Joseph Chaney; Editing by Anne Marie Roantree































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