HONG KONG Dec 13 Hong Kong shares were set for
mild gains on Thursday after the benchmark hit a 16-month high
in the previous session, with concern over the U.S. fiscal
crisis tempering foreign investors' optimism about China.
The Hang Seng index closed up 0.8 percent at 22,503.4
on Wednesday, while the China Enterprises index of top
listed mainland firms jumped 1.5 percent.
U.S. Federal Reserve Chairman Ben Bernanke pledged to keep
interest rates low until at least 2015 and extended the central
bank's asset purchase programme, but re-iterated that monetary
policy won't be enough to offset damage from the "fiscal cliff".
Elsewhere in Asia, a weak yen pushed Japan's Nikkei
up 1.2 percent, while South Korea's Kospi was up
0.4 percent at 0030 GMT.
STOCKS TO WATCH:
*BaWang said it was seeking more than HK$560
million in compensation for losses and other expenses because of
reports published by Next Media in July 2010, according to The
* Citic Bank said it had received approval to
become a QFII and insurance fund trustee.
* CLP Holdings said it was placing 120.3 million
shares at HK$63.25 each, a 5.88% discount to their last close.
* Eyang Holdings said Ernst & Young quit as the
company's auditors, citing internal control weakness.
- China Bio-Med Regeneration Technology Ltd H1
- China Zenith Chemical Group Ltd AGM
- Continental Holdings Ltd AGM
- Midland IC&I Ltd EGM
- South Korea BOK monetary policy meeting
- South Korea Export and Import price growth for Nov
- Philippines Central bank policy meeting
- UK CBI Industrial trends for Dec
- US jobless claims
- US Producer prices for Nov
- US Retail sales for Nov
- US Business inventories for Oct