Hong Kong shares may start steady, earnings in focus

Hong Kong shares may start steady, earnings in focus

Reuters, (27/3) -- Hong Kong shares could start steady on Wednesday, tracking a subdued start on other major Asian exchanges, with investors likely to keep their attention trained on the ongoing corporate earnings reporting season. Industrial and Commercial Bank of China, Bank of Communications, China Life Insurance and CITIC Securities Co Ltd are among Chinese financial companies due to post 2012 results later in the day. Aluminum Corporation of China Ltd, Angang Steel Co Ltd, China COSCO, ZTE Corporation and Zijin Mining Group Co Ltd are among other notable releases. On Tuesday, the Hang Seng Index closed up 0.3 percent at 22,311.1, reversing midday losses. The China Enterprises Index of the top Chinese listings shed 0.5 percent.