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HK stocks set for weak start; CNOOC, property drag

Published 01/27/2011, 08:58 PM
Updated 01/27/2011, 09:00 PM

HONG KONG, Jan 28 (Reuters) - Hong Kong stocks were set to slip slightly at the open on Friday as locally listed Chinese companies remain under pressure, led by weak oil majors after a conservative production forecast from CNOOC.

The benchmark Hang Seng Index <.HSI> is set to open down 0.07 percent at 23,763.74 and is poised to post its second successive weekly loss. The China Enterprises Index <.HSCE> of top locally listed mainland companies is indicated to open down 0.32 percent. (Reporting by Vikram S Subhedar; Editing by Chris Lewis)

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