By Hanny Wan
Sept. 25 (Bloomberg) -- The following shares may rise or fall in Hong Kong. Share prices in this preview refer to yesterday's close. The preview includes news that broke after markets shut. Stock symbols are in brackets after company names.
The Hang Seng Index rose 2.7 percent to 26,551.94. Its September futures added 2.6 percent to 26,495.
Airlines: Cathay Pacific Airways Ltd. (293 HK), Hong Kong's largest airline, said it won't proceed with a plan to seek a major stake in China Eastern Airlines Corp. (670 HK) with the parent of Air China Ltd. (753 HK). It gave no reason why. Cathay Pacific jumped HK$2.20, or 11 percent, to HK$22.70 before being suspended on Sept. 21. Trading will resume today.
China Eastern, the nation's third-largest carrier, plunged HK$1.02, or 10 percent, to HK$8.70. Air China, the nation's biggest international airline, rose 18 cents, or 1.5 percent, to HK$11.84 on Sept. 21. Trading will resume today after a one- day suspension.
China Construction Bank Corp. (939 HK): The country's second-biggest lender said its yuan-denominated shares will start trading in Shanghai today. Construction Bank raised 58 billion yuan ($7.7 billion) in the world's second-biggest share sale this year. It added 19 cents, or 2.6 percent, to HK$7.64.
Cnooc Ltd. (883 HK): China's largest offshore oil producer said it has started natural gas production in the second phase of a Southeast Sumatran field as demand for cleaner-burning fuel increases. Cnooc climbed 98 cents, or 8.2 percent, to HK$12.92.
PetroChina Co. (857 HK): The nation's biggest oil producer won permission from the Chinese stock market regulator for a Shanghai share sale that may raise $5 billion to expand refineries and boost output at oil fields. PetroChina soared HK$1.34, or 10 percent, to HK$14.30.
Sino Land Co. (83 HK): Sino Land plans to raise HK$4.3 billion ($553 million) in a share sale to buy more land in Hong Kong and China. Sino Land said its parent Tsim Sha Tsui Properties Ltd. and shareholder Ng Teng Fong will sell 220 million shares at HK$19.576 each, before subscribing to the same number of new shares at the same price. Sino Land, which led a group of builders in the $584 million acquisition of a Hong Kong site earlier this month, added 55 cents, or 2.7 percent, to HK$21.05.sumber : http://www.bloomberg.com/apps/news?pid=newsarchive&sid=arhEBIhLr6qg