Hong Kong stocks set to open 2.9 pct lower

HONG KONG, June 7  - Hong Kong stocks were set to open almost 3 percent lower on Monday as weak U.S. jobs data and an escalating European debt crisis spooked markets and prompted renewed aversion to risk.

The benchmark Hang Seng Index was indicated to open 2.87 percent lower at 19,211.67. The China Enterprises Index was set to open down 3.66 percent.

Shares of Aluminum Corp of China were set to open 6.35 percent lower on falling aluminum prices.

source:Reuters