Roundup: Hong Kong stocks close 0.24 pct higher

Hong Kong stocks moved up 59.45 points, or 0.24 percent, to close on Monday at 24,909.90 points.

The benchmark Hang Seng Index traded between 24,761.55 and 24, 916.49. Turnover totaled 83.76 billion HK dollars (about 10.81 billion U.S. dollars).

The Hang Seng China Enterprises Index ended down 31.90 points, or 0.26 percent, to close at 12,228.16.

Three of the four sub-indices gained ground with the Commerce and Industry sub-index increased the most at 0.59 percent, followed by the Properties at 0.22 percent, the Utilities, 0.03 percent, while the Finance dipped 0.02 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, fell 0.68 percent to 72.60 HK dollars. Bank of East Asia, another major bank in Hong Kong, dropped 0.47 percent to 31.55 HK dollars.

Local bourse operator HKEX gained 1.39 percent to 181.80 HK dollars.

China Mobile, China's dominant mobile carrier, lowered 0.57 percent to 103.90 HK dollars, while another Chinese telecom giant China Unicom moved down 0.50 percent to 11.98 HK dollars.

Local property shares closed mixed. Sun Hung Kai, one of Hong Kong's largest property developer by market value, ended up 1.69 percent to 126.10 HK dollars. Cheung Kong properties, controlled by billionaire Li Ka-shing, fell 0.27 percent to 145.40 HK dollars. Hang Lung added 1.14 percent to 22.15 HK dollars.

As for mainland-based financial stocks, Bank of China increased 0.22 percent to 4.53 HK dollars. Bank of Communications went down 0.43 percent to 6.87 HK dollars. China Construction Bank dropped 0. 92 percent to 6.43 HK dollars. ICBC lowered 0.17 percent to 5.83 HK dollars.

As for energy stocks, China's top refiner Sinopec lost 1.11 percent to 6.26 HK dollars. PetroChina, the country's largest oil and gas producer, ended down 1.01 percent to 8.83 HK dollars. CNOOC fell 1.31 percent to 10.54 HK dollars (1 U.S. dollar equals 7.75 HK dollars) Endi