Roundup: Hong Kong stocks close 0.41 pct lower

Hong Kong stocks moved down 102. 62 points, or 0.41 percent, to close on Tuesday at 24,807.28 points.

The benchmark Hang Seng Index traded between 24,672.76 and 24, 995.08. Turnover totaled 94 billion HK dollars (about 12.13 billion U.S. dollars).

The Hang Seng China Enterprises Index ended down 197.78 points, or 1.62 percent, to close at 12,030.38.

Three of the four sub-indices lost ground with the Finance sub- index dropped the most at 0.62 percent, followed by the Commerce and Industry and the Properties, which fell 0.33 percent and 0.31 percent respectively, while the Utilities rose 0.72 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 0.96 percent to 73.30 HK dollars. Bank of East Asia, another major bank in Hong Kong, added 0.48 percent to 31.70 HK dollars.

Local bourse operator HKEX fell 0.94 percent to 180.10 HK dollars.

China Mobile, China's dominant mobile carrier, fell 1.15 percent to 102.70 HK dollars, while another Chinese telecom giant China Unicom gained 0.33 percent to 12.02 HK dollars.

Local property shares closed mixed. Sun Hung Kai, one of Hong Kong's largest property developer by market value, ended up 0.16 percent to 126.30 HK dollars. Cheung Kong properties, controlled by billionaire Li Ka-shing, fell 0.83 percent to 144.20 HK dollars. Hang Lung lowered 0.9 percent to 21.95 HK dollars.

As for mainland-based financial stocks, Bank of China lost 1.99 percent to 4.44 HK dollars. Bank of Communications went down 1.46 percent to 6.77 HK dollars. China Construction Bank dropped 2.18 percent to 6.29 HK dollars. ICBC dropped 1.72 percent to 5.73 HK dollars.

As for energy stocks, China's top refiner Sinopec lost 0.8 percent to 6.21 HK dollars. PetroChina, the country's largest oil and gas producer, ended down 1.47 percent to 8.70 HK dollars. CNOOC fell 0.57 percent to 10.48 HK dollars (1 U.S. dollar equals 7.75 HK dollars) Endi