HONG KONG, Sept 24 (Reuters) - Hong Kong shares were
expected to open flat to slightly weaker on Monday after three
straight weeks of gains as investors lock in some profits ahead
of the quarter-end and on concerns over how long China's
economic slowdown will persist.
The Hang Seng index has risen for three straight
weeks helped by commodities-related sectors. The index closed up
0.7 percent on Friday.
However Chinese shares on the mainland slumped to their
worst week in 11 months last week on dwindling expectations that
the authorities will further ease policy, particularly for the
real estate sector.
STOCKS TO WATCH:
* China's ambassador to Canada warned in remarks published
on Saturday against letting domestic politics drive the Canadian
government's decision on whether to approve a Chinese
state-owned oil company CNOOC Ltd's proposed $15.1
billion takeover of Calgary-based Nexen Inc.
* Standard Chartered Bank signed a final agreement
with New York's banking regulator to pay $340 million to settle
allegations that it hid transactions with Iran from regulators.
* Airlines from China and Japan have cut or delayed flights
between the two countries as tensions mount between the region's
two largest economies over a territorial dispute. China Eastern
Airlines said it would delay the launch of
a new route between Shanghai and Sendai.
(Reporting by Vikram Subhedar and Donny Kwok; Editing by Edwina