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Roundup: Hong Kong stocks close 0.65 pct higher

Xinhua, January 8, 2015 Adjust font size:

Hong Kong stocks closed up 154.27 points, or 0.65 percent, to 23,835.53 points on Thursday.

The benchmark Hang Seng Index traded between 23,719.05 and 23, 941.64. Turnover totaled 101.94 billion HK dollars (about 13.15 billion U.S. dollars). Enditem

The Hang Seng China Enterprises Index rose 32.73 points, or 0. 27 percent, to close at 12,023.75.

Three of the four sub-indices gained ground. The Commerce & Industry sub-index rose the most at 1.43 percent, followed by the Utilities at 1.36 percent, the Finance at 0.19 percent, while the Properties dipped 0.19 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, gained 0.28 percent to close at 71.20 HK dollars. Its local unit Hang Seng Bank grew 0.24 percent to 126.90 HK dollars.

Bank of East Asia, another Hong Kong's major bank, rose 0.65 percent to 31.05 HK dollars. Local bourse operator HKEx fell 0.84 percent to 177.80 HK dollars.

Local developers closed mixed. Hang Lung Properties rose 0.47 percent to 21.30 HK dollars. Henderson Land, another major developer in Hong Kong, moved down 0.37 percent to 53.20 HK dollars.

Cheung Kong Holdings, a powerful HK-based developer controlled by billionaire Li Ka-shing, lowered 0.24 percent to 125.60 HK dollars. Sun Hung Kai Properties increased 0.25 percent to 118.50 HK dollars.

Mainland-based financial stocks ended down. Bank of China lost 0.45 percent to 4.43 HK dollars. Bank of Communications lowered 0. 58 percent to 6.84 HK dollars. China Construction Bank fell 0.46 percent to 6.45 HK dollars. ICBC moved down 0.52 percent to 5.72 HK dollars.

As for energy stocks, PetroChina surged 2.45 percent to 8.78 HK dollars. CNOOC grew 1.75 percent to 10.46 HK dollars. Sinopec added 0.48 percent to 6.27 HK dollars. (1 U.S. dollar equals 7.75 HK dollars) Endi