HONG KONG, June 18 (Reuters) - Hong Kong shares will start 0.7 percent lower on Thursday, extending losses from a three-session fall, with financial stocks coming under pressure due to ratings downgrades on U.S. banks, while H1N1 influenza fears also weigh on general sentiment.
The benchmark Hang Seng Index was set to open down 128.92 points at 17,955.68.
The China Enterprises Index of top mainland companies was set to start down 0.9 percent at 10,602.88.
Chaoda Modern lost 8 percent in pre-opening trade, after the company on Thursday said it planned to sell up to $228 million shares at a discount. (Reporting by Nerilyn Tenorio; Editing by Chris Lewis)