Roundup: Hong Kong stocks close 0.53 higher

Hong Kong stocks moved up 126. 34 points, or 0.53 percent, to close on Monday at 23,949.55 points.

The benchmark Hang Seng Index traded between 23,711.27 and 23, 970.05. Turnover totaled 73.16 billion HK dollars (about 9.43 billion U.S. dollars).

The Hang Seng China Enterprises Index ended up 101.55 points, or 0.87 percent, to close at 11,813.78.

Three of the four sub-indices gained ground with the Finance sub-index grew the most at 0.65 percent, followed by the Utilities at 0.62 percent, the Commerce & Industry at 0.59 percent, while Properties lowered 0.22 percent.

The Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, moved down 0.54 percent to 64.65 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, dropped 0.68 percent to 29.10 HK dollars.

Local bourse operator HKEX edged down 0.06 percent to 175 HK dollars.

China Mobile, China's dominant mobile carrier, surged 2.7 percent to 102.60 HK dollars. Another Chinese telecom giant China Unicom rose 0.86 percent to 11.76 HK dollars.

Local property stocks closed mixed. Sun Hung Kai, one of HK's largest property developer by market value, rose 0.35 percent to 115.80 HK dollars; Cheung Kong properties, controlled by billionaire Li Ka-shing, ended flat at 150.08 HK dollars. Henderson Land fell 0.58 percent to 51.10 HK dollars.

Mainland-based financial stocks ended higher. Bank of China went up 0.92 percent to 4.39 HK dollars. China Construction Bank ended up 0.47 percent to 6.36 HK dollars. Bank of Communication rose 1.08 percent to 6.58 HK dollars. ICBC added 0.54 percent to 5. 58 HK dollars.

As for energy stocks, China's top refiner Sinopec ended down 0. 16 percent to 6.14 HK dollars. PetroChina, the country's largest oil and gas producer, fell 0.36 percent to 8.21 HK dollars. CNOOC lost 0.58 percent to 10.28 HK dollars (1 U.S.dollar equals 7.76 HK dollars) Endi