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To: jim kelley who wrote (75457)10/29/1998 12:30:00 AM
From: Tim Luke  Respond to of 176387
 
HK stocks end morning down, but off lows
HONG KONG, Oct 29 (Reuters) - Hong Kong stocks were down at the midsession close on Thursday but off their day's lows after a morning of choppy trade ahead of the expiry of October Hang Seng Index futures this afternoon, brokers said.

The blue chip Hang Seng Index ended the morning down 192.46 points, or 1.94 percent, at 9,734.59 after hitting a session low of 9,578.19.

Turnover was HK$5.00 billion, higher than HK$3.17 billion at Tuesday's midsession before a one-day public holiday.

''Sentiment turned a bit bearish on news Paliburg is facing financial troubles and Moody's cut ratings of (five of) China's ITICs,'' said Adrian Ngan, head of Hong Kong Research at