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RTRS: HK shares open down 1.1 pct but Sinopec bucks trend
 
Hong Kong shares will open down 1.1 percent on Wednesday in a Wall Street-led global pullback as doubts emerge about the U.S. government's toxic asset plan, but Sinopec is set to rally following fuel price hikes.

Europe's largest bank HSBC (0005.HK) will open 4.8 percent lower at HK$43.60, wiping out part of Tuesday's 9.8 percent rally.

China's top refiner Sinopec (0386.HK) will open 4.3 percent higher at HK$4.59 on news China is raising benchmark gasoline and diesel prices from Wednesday.

The benchmark Hang Seng Index .HSI was down 155.57 points at 13,754.77.

The China Enterprises Index .HSCE of top mainland firms was down 0.4 percent at 8,029.50.

(Reporting by Parvathy Ullatil; Editing by Jonathan Hopfner)

(parvathy.ullatil@thomsonreuters.com; +852 2843-6415))

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