Roundup: HK stocks close 0.79 pct higher

Hong Kong stocks ended up 0.79 percent on Tuesday, with the benchmark Hang Seng index rising 189. 51 points to end at 24,215.97 points, after trading between 23,908. 23 and 24,254.11. Turnover totaled 84.85 billion HK dollars (about 10.91 billion U.S. dollars).

The Hang Seng China Enterprises Index rose 46.36 points, or 0. 39 percent, to close at 12,063.02.

Four sub-indices all gained ground, with the Commerce and Industry sub-index rising the most by 1.01 percent, followed by the Properties 0.97 percent, the Finance 0.61 percent and the Utility 0.35 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, closed up 0.3 percent to 71.30 HK dollars, while its local unit Hang Seng Bank rose 0.9 percent to 129.30 HK dollars. Local bourse operator HKEX increased 0.4 percent at 179. 40 HK dollars.

Local developers Hang Lung Properties grew 0.9 percent to 21.40 HK dollars. Henderson Land, another major developer in Hong Kong, closed flat at 53.45 HK dollars, and Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, added 0.1 percent to 143.40 HK dollars.

As for mainland-based financial stocks, China Construction Bank, the country's second largest bank which accounts for the third largest weighting of the Hang Seng Index, climbed 0.2 percent to 6. 41 HK dollars. ICBC, the world's largest bank by market value, went up 0.5 percent to 5.71 HK dollars. Bank of China went up 0.2 percent to 4.40 HK dollars.

PetroChina, the country's largest oil and gas producer, was up 0.2 percent to 8.79 HK dollars. (1 U.S. dollar equals 7.761 HK dollars) Endi