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Roundup: Hong Kong stocks close 1.45 pct higher

Xinhua, March 19, 2015 Adjust font size:

Hong Kong stocks moved up 348. 81 points, or 1.45 percent, to close on Thursday at 24,468.89 points.

The benchmark Hang Seng Index traded between 24,248.84 and 24, 500.23. Turnover totaled 102.57 billion HK dollars (about 13.22 billion U.S. dollars).

The Hang Seng China Enterprises Index ended up 140.23 points, or 1.17 percent, to close at 12,122.20.

All of the four sub-indices gained ground. Both the Commerce & Industry and Properties sub-indices rose more than 1.6 percent, the Finance increased 1.25 percent, the Utilities moved up 0.93 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, moved up 1.06 percent to 66 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, climbed 0.85 percent to close at 29.65 HK dollars.

Local bourse operator HKEX grew 0.28 percent to 176.4 HK dollars.

China Mobile, China's dominant mobile carrier, sank 3.29 percent to 100.10 HK dollars. China Unicom, another Chinese telecom giant, rose 0.85 percent to 11.94 HK dollars.

Local property stocks ended higher. Sun Hung Kai, one of Hong Kong's largest property developer by market value, rose 1.12 percent to 117.3 HK dollars. Henderson Land rose 0.3 percent to 50. 80 HK dollars. CKH Holdings grew 0.59 percent to 152.4 HK dollars.

Mainland-based financial stocks went up. Bank of China went up 0.68 percent to 4.45 HK dollars. China Construction Bank rose 0.62 percent to 6.47 HK dollars. Bank of Communication rose 0.90 percent to 6.75 HK dollars. ICBC added 0.89 percent to 5.70 HK dollars.

As for energy stocks, China's top refiner Sinopec ended up 0.81 percent to 6.2 HK dollars. PetroChina, the country's largest oil and gas producer, surged 2.31 percent to 8.43 HK dollars. CNOOC rose 1.54 percent to 10.56 HK dollars (1 U.S. dollar equals 7.76 HK dollars) Endi