HK shares open flat as doubts over U.S. bailout linger
HONG KONG, Sept 26 (Reuters) - Hong Kong shares will open barely changed on Friday as uncertainity over the stalled $700 billion U.S. bank bailout plan weighed down most financial stocks.
The benchmark Hang Seng Index .HSI was indicated to open down 24.84 points at 18,909.59.
The China Enterprises Index .HSCE of top locally listed mainland Chinese firms was set to open 0.3 percent lower at 9,735.31.
Shares in sports shoe maker Yue Yuen Industrial (0551.HK) is set to open up 5.2 percent after the company that makes athletic footwear for Nike and other global brands reported a 55.6 percent growth in its net profit for the first nine months of its fiscal year.
(US$1=HK$7.8)
