HONG KONG Nov 1 Hong Kong shares could greet
November on a solid footing on Friday, underpinned by a positive
reading on China's vast manufacturing industry.
China's October official manufacturing purchasing managers'
index (PMI) came in 51.4, just above the expected 51.2. This is
its fastest reading since April 2012. The final reading for a
similar Markit/HSBC survey is due at 0145 GMT.
On Thursday, the Hang Seng Index fell 0.4 percent to
23,206.4. The China Enterprises Index of the top Chinese
listings in Hong Kong slipped 0.1 percent. They are up 2.2 and
4.4 percent, respectively, and are set for their biggest weekly
gain in nine weeks.
Elsewhere in Asia, Japan's Nikkei was up 0.1
percent, while South Korea's KOSPI was up 0.3 percent at
FACTORS TO WATCH:
* Hong Kong retail sales growth slowed to 5.1 percent in
September vs 8.1 percent in August from a year earlier, while
sales volume growth in September hit the weakest in at least
* MGM Resorts International, parent of MGM China
, posted a narrower third-quarter loss on Thursday and
was optimistic about a planned new casino in Massachusetts,
although lower-than-expected margins at its Chinese and Las
Vegas operations disappointed some analysts.
* China's Dongfeng Motor Group Co Ltd, which is in
capital-injection talks with struggling French carmaker PSA
Peugeot Citroen PEUP.PA, posted a 39 percent rise in
third-quarter profit on the back of China's auto market
* ANTA Sports Products Ltd said same-store sales
growth of its Anta branded products for the third quarter of
2013 remained flat compared to the same period of
* China National Building Material Co Ltd said
total operating revenue for January-September amounted to 82.17
billion yuan versus 59.83 billion yuan the same period last
year, and net profit attributable was at 3.30 billion yuan
versus 3.59 billion yuan in the year ago period.