HONG KONG, Oct 26 (Reuters) - Hong Kong stocks were set to open slightly higher on Tuesday, with Chinese oil majors seen advancing on the back of a rise in retail fuel prices.
The benchmark Hang Seng Index <.HSI> was set to open up 0.42 percent at 23,727.63. The China Enterprises Index <.HSCE> of top locally listed mainland companies was indicated to open 0.7 percent higher.
Oil companies such as CNOOC Ltd <0883.HK>, up 2.1 percent, and China Petroleum & Chemical Corp (Sinopec) <0386.HK>, up 1.8 percent, were seen lifting the benchmark higher after China increased fuel prices for the first time in seven months. [ID:nTOE69O07C]
Local property issues were set for another weak open as investors continue to rotate out of the sector and into banks and commodity-related issues. (Reporting by Vikram S Subhedar; Editing by Chris Lewis)