HONG KONG, Oct 30 Hong Kong stocks are set to
open 2.14 percent higher on Friday, spurred by better than
forecast U.S. growth data, with Industrial Commercial Bank of
China (ICBC) (1398.HK) rising as its quarterly profit jumped.
ICBC rose 2.47 percent after reporting that its quarterly
profit jumped 19 percent, helped by a lending boom in the
mainland. Rival Bank of China (3988.HK) was up 2.54 percent after
saying profit rose 19 percent. [ID:nPEK304345]
The benchmark Hang Seng Index .HSI was indicated to open up
455.42 points at 21,720.41.
The China Enterprises Index .HSCE of top locally listed
mainland Chinese stocks was set to rise 2.17 percent to
Comtec Solar Systems Group (0712.HK) debuted at HK$2.18
versus its IPO price of HK$2.10.
Brilliance China Automotive (1114.HK) gained 8.53 percent.
The Chinese minibus manufacturer and a joint venture partner of
BMW said it would sell its loss-making Zhonghua sedan brand
(Reporting by Jun Ebias; Editing by Jonathan Hopfner)