Hong Kong shares set to fall

June 13th, 2008 - 12:12 pm ICT by Amrit Rashmisrisethi  

Hong Kongs shares were set to drop 0.45 percent on Friday, extending a three-day slump, led by losses in banking and property stocks on talk that local lenders may raise mortgage rates.

The Hang Seng Index HSI was down 103.09 points at 22,920.77.

The China Enterprises Index of mainland companies fell 0.80 percent.

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