Roundup: Hong Kong stocks close 0.35 pct higher
Xinhua, January 9, 2015 Adjust font size:
Hong Kong stocks closed up 84.42 points, or 0.35 percent, to 23,919.95 points on Friday.
The benchmark Hang Seng Index traded between 23,859.49 and 24, 169.06. Turnover totaled 124.40 billion HK dollars (about 16.05 billion U.S. dollars).
The Hang Seng China Enterprises Index rose 57.49 points, or 0. 48 percent, to close at 12,081.24.
All of the four sub-indices gained ground. The Commerce & Industry sub-index rose the most at 0.47 percent, followed by the Properties at 0.39 percent, the Finance at 0.28 percent, the Utilities at 0.12 percent.
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, fell 0.14 percent to close at 71.10 HK dollars. Its local unit Hang Seng Bank edged up 0.08 percent to 127 HK dollars.
Bank of East Asia, another Hong Kong's major bank, fell 0.16 percent to 31 HK dollars. Local bourse operator HKEx fell 0.45 percent to 177 HK dollars.
Local developers closed mixed. Hang Lung Properties lowered 0. 94 percent to 21.10 HK dollars. Henderson Land, another major developer in Hong Kong, moved up 0.09 percent to 53.25 HK dollars.
Cheung Kong Holdings, a powerful HK-based developer controlled by billionaire Li Ka-shing, lowered 0.64 percent to 124.80 HK dollars. Sun Hung Kai Properties increased 0.51 percent to 119.10 HK dollars.
Mainland-based financial stocks ended mixed. Bank of China grew 0.23 percent to 4.44 HK dollars. Bank of Communications lowered 0. 88 percent to 6.78 HK dollars. China Construction Bank closed flat at 6.45 HK dollars. ICBC moved up 0.17 percent to 5.73 HK dollars.
As for energy stocks, PetroChina rose 0.34 percent to 8.81 HK dollars. CNOOC grew 1.53 percent to 10.62 HK dollars. Sinopec fell 0.96 percent to 6.21 HK dollars. (1 U.S. dollar equals 7.75 HK dollars) Endi