Roundup: HK stocks close 0.09 pct lower

Hong Kong stocks ended down 0.09 percent on Monday, with the benchmark Hang Seng index falling 22. 31 points to end at 24,484.74 points, after trading between 24,324. 37 and 24,506.81. Turnover totaled 85.18 billion HK dollars (about 10.98 billion U.S. dollars).

The Hang Seng China Enterprises Index fell 141.80 points, or 1. 21 percent, to close at 11,578.30.

Two sub-indices gained ground, with the Commerce and Industry sub-index rising by 0.93 percent, followed by the Properties 0.59 percent. The Finance fell 1.10 percent, while the Utility lost 0. 05 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, closed down 1.7 percent to 71.25 HK dollars, while its local unit Hang Seng Bank rose 0.4 percent to 136.40 HK dollars. Local bourse operator HKEX increased 0.3 percent at 179. 10 HK dollars.

Local developers Hang Lung Properties closed flat at 22.85 HK dollars. Henderson Land, another major developer in Hong Kong, climbed 2.0 percent to 56.50 HK dollars, and Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka- shing, added 0.7 percent to 149.60 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, fell 1.1 percent to 6.16 HK dollars. ICBC, the world's largest bank by market value, went down 1.4 percent to 5.50 HK dollars. Bank of China retreated 1.2 percent to 4.29 HK dollars.

PetroChina, the country's largest oil and gas producer, was up 0.6 percent to 8.44 HK dollars. (1 U.S. dollar equals 7.761 HK dollars) Endi