HONG KONG, Feb 5 (Reuters) - Hong Kong stock are set to open
down 3.12 percent on Friday, as investors worry about worsening
fiscal problems in the eurozone area, with Esprit Holdings lower after its former chairman sold shares.
Esprit shed 5.37 percent. The former chairman of the world's No.7 fashion retailer sold shares worth $385 million. The stock was also weighed down by concern about Europe, the company's biggest market overseas.
The benchmark Hang Seng Index was set to open down 635.40 points at 19,706.24. The China Enterprises Index of top locally listed mainland Chinese stocks was down 3.66 percent at 11,180.66 points.
Chinese PC maker Lenovo Group lost 6.85 percent, despite posting a forecast-beating profit.
HSBC was down 4.47 percent. A senior U.S. senator said he planned to refer HSBC Holdings to the U.S. bank regulator in connection with questionable accounts it provided for senior Angolan officials.
((Reporting by Jun Ebias; Editing by Chris Lewis))
((jun.ebias@thomsonreuters.com; +852 2843 6537; Reuters Messaging: jun.ebias.reuters.com@reuters.net)) Pan-Asia...... Japan........ S.Korea.... S.E. Asia............ Hong Kong... Taiwan..... Australia/NZ......... India....... China...... OTHER MARKETS: Wall Street........... Gold......... Currency.. Eurostocks........... Oil........... JP bonds... ADR Report.......... LME metals.. US bonds... Stocks News US... Stocks News Europe... DIARIES & DATA: IPO diary & data Asia earnings diary U.S. earnings diary European diary Taiwan diary Wall Street Week Ahead Eurostocks Week Ahead World forecasts TOP NEWS: For top Asian company news, double click on: U.S. company news European company news Forex news Global Economy news Technology news Telecoms news Media news Banking news Politics/General news Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks Currency rates Dow Jones/NASDAQ Nikkei FTSE 100 Debt Hong Kong Dollar LME price overview ($1=7.756 Hong Kong Dollar) Keywords: MARKETS HONGKONG STOCKS (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Esprit shed 5.37 percent. The former chairman of the world's No.7 fashion retailer sold shares worth $385 million. The stock was also weighed down by concern about Europe, the company's biggest market overseas.
The benchmark Hang Seng Index was set to open down 635.40 points at 19,706.24. The China Enterprises Index of top locally listed mainland Chinese stocks was down 3.66 percent at 11,180.66 points.
Chinese PC maker Lenovo Group lost 6.85 percent, despite posting a forecast-beating profit.
HSBC was down 4.47 percent. A senior U.S. senator said he planned to refer HSBC Holdings to the U.S. bank regulator in connection with questionable accounts it provided for senior Angolan officials.
((Reporting by Jun Ebias; Editing by Chris Lewis))
((jun.ebias@thomsonreuters.com; +852 2843 6537; Reuters Messaging: jun.ebias.reuters.com@reuters.net)) Pan-Asia...... Japan........ S.Korea.... S.E. Asia............ Hong Kong... Taiwan..... Australia/NZ......... India....... China...... OTHER MARKETS: Wall Street........... Gold......... Currency.. Eurostocks........... Oil........... JP bonds... ADR Report.......... LME metals.. US bonds... Stocks News US... Stocks News Europe... DIARIES & DATA: IPO diary & data Asia earnings diary U.S. earnings diary European diary Taiwan diary Wall Street Week Ahead Eurostocks Week Ahead World forecasts TOP NEWS: For top Asian company news, double click on: U.S. company news European company news Forex news Global Economy news Technology news Telecoms news Media news Banking news Politics/General news Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: World Stocks Currency rates Dow Jones/NASDAQ Nikkei FTSE 100 Debt Hong Kong Dollar LME price overview ($1=7.756 Hong Kong Dollar) Keywords: MARKETS HONGKONG STOCKS (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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