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HK shares open up 0.6 pct on Wall Street gains

Mon Aug 11, 2008 9:57pm EDT

Stocks

   

HONG KONG, Aug 12 (Reuters) - Hong Kong shares will open 0.6 percent higher Tuesday on extended gains on Wall Street and a slight rebound in commodity-linked stocks, as analysts called for better valuations.

China

The Hang Seng Index .HSI is set to open up 132.84 points at 21,992.18.

The China Enterprises Index .HSCE of top locally listed Chinese firms is set to open 0.7 percent higher.

Gold miner Zijin Mining (2899.HK) will open down 5.2 percent as the price of the precious metal fell to its lowest in nearly eight months on Tuesday on a rising U.S. dollar.

(Reporting by Parvathy Ullatil; Editing by Jonathan Hopfner)

China


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