Roundup: Hong Kong stocks close 0.02 pct higher

Hong Kong stocks moved up 4.68 points, or 0.02 percent, to close on Monday at 24,836.76 points.

The benchmark Hang Seng Index traded between 24,664.68 and 24, 916.24. Turnover totaled 49.36 billion HK dollars (about 6.37 billion U.S. dollars).

The Hang Seng China Enterprises Index ended down 24.61 points, or 0.20 percent, to close at 12,041.49.

Three of the four sub-indices gained ground. The Properties sub- index rose the most at 0.06 percent, followed by the Commerce & Industry at 0.04 percent, the Finance at 0.01 percent, while the Utilities fell 0.13 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 0.07 percent to 72 HK dollars. Bank of East Asia, another major bank in Hong Kong, gained 0.16 percent to 31.9 HK dollars.

Local bourse operator HKEX rose 0.28 percent to 177.6 HK dollars.

China Mobile, China's dominant mobile carrier, dropped 1.96 percent to 104.8 HK dollars. China Unicom, another Chinese telecom giant, ended flat at 13.14 HK dollars.

Local property shares closed mixed. Sun Hung Kai, one of Hong Kong's largest property developer by market value, went up 0.4 percent to 123.9 HK dollars. Cheung Kong properties, controlled by billionaire Li Ka-shing, ended up 0.26 percent to 152.4 HK dollars. Hang Lung fell 0.45 percent to 22.15 HK dollars.

As for mainland-based financial stocks, Bank of China closed flat at 4.41 HK dollars. Bank of Communications went up 0.76 percent to 6.65 HK dollars. China Construction Bank went up 0.16 percent at 6.45 HK dollars. ICBC moved up 0.35 percent at 5.7 HK dollars.

As for energy stocks, China's top refiner Sinopec fell 1.07 percent to 6.45 HK dollars. PetroChina, the country's largest oil and gas producer, lost 1 percent to 8.89 HK dollars. CNOOC tumbled 2.81 percent to 11.06 HK dollars (1 U.S. dollar equals 7.75 HK dollars) Endi