Hong Kong share prices to fluctuate on US data

By The Associated Press

HONG KONG: Hong Kong share prices are set to fluctuate next week as the market tracks closely economic data and news from the United States, a dealer said Friday. For the week ending September 11, the benchmark Hang Seng Index was up 4.1 percent to 21,161.42. The market would be driven by US retail sales figures due to be released next week, as well as President Obama’s speech Monday on the one-year anniversary of the collapse of Lehman Brothers. “All eyes will be on what Obama is going to say next week. There could be a lot of uncertainties and worries,” Peter Lai, sales director at DBS Vickers, told AFP. Link...