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Wednesday, March 20, 2013

Hong Kong shares may start higher ahead of China flash PMI

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:58 PM No comments
Hong Kong shares may start higher ahead of China flash PMI
Reuters, (21/3) - Hong Kong shares could start higher on Thursday, ahead of an HSBC preliminary survey of Chinese manufacturing activity in March that could give clues on the recovery of the world's second-largest economy.

China Resources Enterprise, China Unicom , Foxconn International, Kunlun Energy , Li & Fung, Great Wall Motor and Petrochina are among the companies expected to post their final 2012 corporate earnings.

The Hang Seng Index closed up 1 percent at 22,256.4 on Wednesday. The China Enterprises Index of the top Chinese listings in Hong Kong jumped 2.2 percent. For both, it was their first gain in four days.

http://www.reuters.com/article/2013/03/21/markets-hongkong-stocks-preopen-idUSL3N0CC1XZ20130321

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