Roundup: Hong Kong stocks close 0.2 lower

Hong Kong stocks moved down 48. 06 points, or 0.2 percent, to close on Tuesday at 23,901.49 points.

The benchmark Hang Seng Index traded between 23,822.78 and 24, 106.47. Turnover totaled 80.09 billion HK dollars (about 10.32 billion U.S. dollars).

The Hang Seng China Enterprises Index ended up 24 points, or 0. 20 percent, to close at 11,837.78.

Three of the four sub-indices lost ground with the Commerce & Industry sub-index falling the most at 0.52 percent, followed by the Properties at 0.23 percent, the Finance at 0.01 percent, while the Utilities gained 0.53 percent.

The Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, moved up 0.62 percent to 64.05 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, ended flat at 29.10 HK dollars.

Local bourse operator HKEX grew 0.17 percent to 175.3 HK dollars.

China Mobile, China's dominant mobile carrier, fell 0.39 percent to 102.2 HK dollars. Another Chinese telecom giant China Unicom rose 0.17 percent to 11.78 HK dollars.

Local property stocks closed mixed. Sun Hung Kai, one of HK's largest property developer by market value, rose 0.17 percent to 116 HK dollars; Cheung Kong properties, controlled by billionaire Li Ka-shing, ended flat at 150.08 HK dollars. Henderson Land fell 1.76 percent to 50.2 HK dollars.

Mainland-based financial stocks ended mixed. Bank of China went down 0.23 percent to 4.38 HK dollars. China Construction Bank ended flat at 6.36 HK dollars. Bank of Communication rose 0.15 percent to 6.59 HK dollars. ICBC added 0.18 percent to 5.59 HK dollars.

As for energy stocks, China's top refiner Sinopec ended down 0. 49 percent to 6.11 HK dollars. PetroChina, the country's largest oil and gas producer, fell 0.97 percent to 8.13 HK dollars. CNOOC lost 0.58 percent to 10.22 HK dollars (1 U.S.dollar equals 7.76 HK dollars) Endi