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HK shares open up 0.3 pct in rebound

Published 06/23/2009, 09:57 PM
Updated 06/23/2009, 10:00 PM

HONG KONG, June 24 (Reuters) - Hong Kong shares will open 0.3 percent higher on Wednesday, recovering from the previous session's sharp sell-off, but gains are expected to be fragile with the mainland Chinese market weighed down by the resumption of new listings.

The benchmark Hang Seng Index will start 44.98 points higher at 17,583.35.

The China Enterprises Index, which represents top locally listed mainland Chinese stocks, will open up 0.3 percent at 10,310.96.

(Reporting by Parvathy Ullatil; Editing by Chris Lewis)

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