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HK shares open down 1 pct as commodity prices weigh

Thu Oct 16, 2008 9:59pm EDT

HONG KONG, Oct 17 (Reuters) - Hong Kong sahres will open 1 percent lower on Friday, extending their downslide to a third straight session, as weak commodity prices pressured resources counters and other heavyweights were haunted by fears of weak profits.

China

The benchmark Hang Seng Index .HSI was set to open 149.06 points lower at 15,081.46.

The China Enterprises Index .HSCE of top locally listed mainland Chinese companies will open 1.2 percent weaker at 7,275.14.

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



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