Roundup: Hong Kong stocks close 0.38 pct lower

Hong Kong stocks moved down 93. 65 points, or 0.38 percent, to close at 24,375.24 points on Friday.

The benchmark Hang Seng Index traded between 24,351.50 and 24, 524.55. Turnover totaled 116.12 billion HK dollars (about 14.96 billion U.S. dollars).

The Hang Seng China Enterprises Index ended up 34.20 points, or 0.28 percent, to close at 12,156.40.

Three of the four sub-indices lost ground. The Commerce & Industry sub-index fell the most at 0.94 percent, followed by the Utilities at 0.81, the Properties at 0.54, while the Finance increased 0.15 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, moved down 0.22 percent to 66.45 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, rose 0.34 percent to close at 29.75 HK dollars.

Local bourse operator HKEX grew 0.28 percent to 176.9 HK dollars.

China Mobile, China's dominant mobile carrier, sank 1.75 percent to 98.35 HK dollars. China Unicom, another Chinese telecom giant, lost 1.34 percent to 11.78 HK dollars.

Local property stocks ended mixed. Sun Hung Kai, one of Hong Kong's largest property developer by market value closed flat at 117.3 HK dollars. Henderson Land closed flat at 50.80 HK dollars. CKH Holdings lowered 0.53 percent to 151.6 HK dollars.

Mainland-based financial stocks closed mixed. Bank of China ended flat at 4.45 HK dollars. China Construction Bank edged up 0. 16 percent to 6.48 HK dollars. Bank of Communication fell 1.04 percent to 6.68 HK dollars. ICBC moved down 0.18 percent to 5.69 HK dollars.

As for energy stocks, China's top refiner Sinopec ended flat at 6.2 HK dollars. PetroChina, the country's largest oil and gas producer, lost 0.71 percent to 8.37 HK dollars. CNOOC fell 0.19 percent to 10.54 HK dollars (1 U.S. dollar equals 7.76 HK dollars) Endi