By V. Phani Kumar HONG KONG (MarketWatch) -- Hong Kong shares climbed early Friday, with property and metals stocks pacing the advance in the wake of broad gains on Wall Street and in Shanghai, while China Unicom Hong Kong Ltd. rose on an upbeat analyst outlook. The Hang Seng Index (HK:HSI 21,926, +234.22, +1.08%) added 0.3% to 21,573.23 and the Hang Seng China Enterprises Index gained 0.4% to 12,050.49. Sun Hung Kai Properties Ltd. (HK:16 119.50, +2.10, +1.79%) (SUHJY 15.22, +0.03, +0.20%) added 1.1% and Aluminum Corp. of China Ltd. (HK:2600 6.82, +0.15, +2.25%) (ACH 21.43, -0.02, -0.09%) rose 0.9%. China Unicom (CHU 15.17, +0.04, +0.26%) (HK:762 12.00, +0.22, +1.87%) climbed 1.5% after Credit Suisse retained its outperform rating on the stock and raised its price target. Cathay Pacific Airways Ltd. (HK:293 21.10, +0.40, +1.93%) (CPCAY 13.23, -0.03, -0.23%) rose 1.2% on plans to buy 30 A350-900 aircraft from Airbus for a basic price of $7.8 billion, reflecting its positive outlook. China's Shanghai Composite added 0.2% to 2,607.34.

Source