Monday, March 18, 2013

Hong Kong shares may recoup some of Monday's losses

Hong Kong shares may recoup some of Monday's losses
Reuters, (19/3) -- Hong Kong shares could start modestly higher on Tuesday, recouping some of the previous day's losses although investors remain wary over a parliamentary vote on a bailout plan for Cyprus later in the day.

Chinese property developer Country Garden, China Shipping Development and Huaneng Power are among companies due to post their final 2012 corporate earnings later on Tuesday.

On Monday, the Hang Seng Index ended down 2 percent for its lowest close since Dec. 4. The China Enterprises Index of the top Chinese listings in Hong Kong slid 2.1 percent.

http://www.reuters.com/article/2013/03/19/markets-hongkong-stocks-preopen-idUSL3N0CB1YX20130319

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