HK stocks fall 0.6 pct by midday, CNOOC slides

Newswire

(Adds Wednesday midday close) HONG KONG, Aug 17 (Reuters) - Hong Kong stocks fell more than half a percent on Wednesday after a drop on Wall Street and with investors waiting for more first-half earnings reports to give the market direction. China's top offshore oil producer CNOOC Ltd. led blue-chip losers, tumbling 5 percent as a retreat from record high oil prices brought in profit takers. But traders expect overall market weakness to be short-lived thanks to upbeat earnings and a ...

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