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Hong Kong shares set to fall 0.45 percent

Thu Jun 12, 2008 9:59pm EDT

HONG KONG, June 13 (Reuters) - Hong Kongs shares were set to drop 0.45 percent on Friday, extending a three-day slump, led by losses in banking and property stocks on talk that local lenders may raise mortgage rates.

China

The Hang Seng Index .HSI was down 103.09 points at 22,920.77.

The China Enterprises Index of mainland companies fell 0.80 percent.

(Reporting by Parvathy Ullatil; Editing by Anne Marie Roantree)



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