HK stocks to consolidate, HSBC under pressure

Newswire

HONG KONG, Nov 25 (Reuters) - Hong Kong stocks are expected to fall on Monday as the exchange's biggest constituent HSBC Holdings comes under light selling pressure on fears that its plan to acquire a U.S. consumer lender may come undone. Speculation that HSBC's US$14.2 billion deal to buy Household International Inc may be stalling sent the latter's shares sharply lower on Friday but HSBC stock ended down just 0.2 percent in London. In Hong Kong, it gained 0.83 percent at HK$91. ...

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