HONG KONG, March 18 Hong Kong shares were set to
start lower on Monday, dragged by a 3.5 percent loss for Chinese
property developer China Overseas Land & Investment Ltd
, topping losses among Hang Seng Index components.
Sentiment was also hit by an unusual bailout proposal for
Cyprus that has threatened to reignite the eurozone debt crisis,
sending several regional stock markets down.
The Hang Seng Index was set to open down 1.5 percent
at 22185.32. The China Enterprises Index of the top
Chinese listings in Hong Kong was indicated to open 2 percent