Assuming that the US Federal Open Market Committee leaves interest rates untouched, Hong Kong stocks will trade in a narrow range this week, broker said. They anticipated a range of 11,000 to 11,400 points. Samuel Ho, senior marketing manager at Seapower Securities, said: 'Without fresh funds or news, the market will consolidate around this level.' Most investors will be focusing on property shares ahead of the release of interim results from Cheung Kong Holdings and Hutchison Whampoa, on Thursday. A successful property auction by Henderson Land over the weekend will also place a spotlight on property stocks. China-related stocks will continue to attract attention following at least three issues of warrants on baskets of China-related stocks in the past two weeks. The market will likely open on a positive note after stocks and bonds in the United States made moderate gains on Friday on expectations that the Federal Reserve would leave interest rates unchanged. Hong Kong investors were less confident, and most would stay out of the market until the FOMC meeting tomorrow and Wednesday was safely passed, broker said. To underscore that point, the Hang Seng London Reference Index gained a slim 19.9 points, or 0.18 per cent, on Friday. If the FOMC did recommend an interest rate rise, the market was seen falling to the 10,800 level or lower, brokers said. With both the domestic and Chinese economies picking up steam, any correction was likely to be short-lived, analysts said. Peter Churchouse, property analyst at Morgan Stanley, recently said any correction by property stocks following an interest rate rise would provide a buying opportunity. Barring a rise in US interest rates, the market will be looking at corporate results for direction. K.K. Low, sales manager at Dao Heng Securities, said: 'The market is still driven by results, tied to individual companies.' Cheung Kong Infrastructure releases its maiden interim results today. Cheung Kong Holdings and Hutchison Whampoa release interims on Thursday. Cheung Kong's results were not expected to offer surprises in either direction. As for financial stocks, HSBC went ex-dividend on Saturday, so the stock could see some consolidation today. Bank of East Asia will also likely find its feet after falling sharply last week as two warrants on the bank, one by Robert Fleming & Co, the other by Paribas Capital Markets Group, were announced over the weekend.