Roundup: Hong Kong stocks close 0.17 lower

Hong Kong stocks moved down 40. 95 points, or 0.17 percent, to close Monday at 24,123.05 points.

The benchmark Hang Seng Index traded between 23,910.16 and 24, 205.86. Turnover totaled 76.46 billion HK dollars (about 9.85 billion U.S.dollars).

The Hang Seng China Enterprises Index ended up 68.99 points, or 0.59 percent, to close at 11,675.92.

All four sub-indices lost ground with the Utilities ended down 0.93 percent, the Finance moved down 0.03 percent, the Commerce and Industry ended down 0.07 percent and the Properties moved down 0.76 percent.

The Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, edged down 1.77 percent to 66.60 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, ended up 0.34 percent to 29.95 HK dollars.

Local bourse operator HKEX moved up 0.11 percent to 177.30 HK dollars.

China Mobile, China's dominant mobile carrier, rose 0.49 percent to 101.80 HK dollars, while another Chinese telecom giant China Unicom moved down 0.16 percent to 12.14 HK dollars.

For the local property stocks, Sun Hung Kai, one of HK's largest property developer by market value, ended down 1.32 percent to 120.10 HK dollars; Cheung Kong properties, owned by billionaire Li Ka-shing, rose 0.20 percent to 152.50 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, ended up 1.29 percent to 6.27 HK dollars.

ICBC, the world's largest bank by market value, moved up 0.74 percent with 5.48 HK dollars. Bank of China moved up 1.42 percent to 4.29 HK dollars.

As for energy stocks, China's top refiner Sinopec ended flat with 6.20 HK dollars. PetroChina, the country's largest oil and gas producer, ended down 0.48 percent to 8.37 HK dollars. (1 U.S. dollar equals 7.76 HK dollars) Endi