Hong Kong shares may start new week slightly higher

Hong Kong shares may start new week slightly higher

Reuters (22/4) - Hong Kong shares could start slightly higher on Monday, tracking gains elsewhere in Asia as first-quarter earnings come into focus and investors remain wary of volatility in commodities markets. Anhui Conch Cement and Chongqing Rural Commercial Bank are among the companies due to release their first-quarter earnings later in the day. The Hang Seng Index on Friday closed up 2.3 percent at 22,013.6, cutting weekly losses to 0.3 percent. The China Enterprises Index of the top Chinese listings in Hong Kong jumped 3.1 percent, but still slipped 0.6 percent for the week. Elsewhere in Asia, Japan's Nikkei was up 2.1 percent while South Korea's KOSPI was 0.2 percent higher at 0039 GMT. http://www.reuters.com/article/2013/04/22/markets-hongkong-stocks-preopen-idUSL3N0D904R20130422