HONG KONG, Oct 11 (Reuters) - Shares in Hong Kong were set to open above a two-year high, with a weak U.S. dollar convincing investors to park their funds in the local market.
CNOOC Ltd <0883.HK> was set to open 1.87 percent up after the
company agreed to buy a third of Chesapeake Energy Corp's
Chinese coking coal logistics company Winsway Coking Coal Holdings Ltd <1733.HK>, which raised $473 million in an IPO and was partly owned by China-focused private equity fund Hopu Investment, set to open at HK$3.60 per share, down from issue price of HK$3.70.
The benchmark Hang Seng Index <.HSI> was set to open 0.98 percent up at 23,169.13, breaching its November 2009 high of about 23,100.
The China Enterprise Index <.HSCE> was indicated to open up 1.53 percent. (Reporting by Donny Kwok; Editing by Chris Lewis)