Roundup: Hong Kong stocks close 0.38 pct lower

Hong Kong stocks moved down 106. 15 points, or 0.38 percent, on Thursday to close at 27,827.70 points.

The benchmark Hang Seng Index traded between 27,804.03 and 28, 213.63. Turnover totaled 191.77 billion HK dollars (about 24.74 billion U.S. dollars).

The Hang Seng China Enterprises Index ended down 191.53 points, or 1.31 percent, to close at 14,478.20.

Three of the four sub-indices lost ground. The Properties sub- index lost the most at 0.64 percent, followed by the Commerce & Industry at 0.46 percent, the Finance at 0.31 percent, while the Utilities gained 0.17 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, moved up 0.49 percent to 70.8 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, gained 0.3 percent to close at 33.4 HK dollars.

Local bourse operator HKEX went up 0.81 percent to 296.8 HK dollars.

China Mobile, China's dominant mobile carrier, dipped 0.08 percent to 114.4 HK dollars. China Unicom, another Chinese telecom giant, added 0.13 percent to 14.48 HK dollars.

Local property stocks went down in general. Sun Hung Kai, one of Hong Kong's largest property developer by market value lost 1. 11 percent to 124.3 HK dollars. Henderson Land lowered 0.42 percent to 59 HK dollars. CKH Holdings dropped 1.31 percent to 165 HK dollars.

Mainland-based financial stocks closed lower. Bank of China fell 1.46 percent to 5.39 HK dollars. China Construction Bank fell 0.78 percent to 7.63 HK dollars. Bank of Communication lost 1.38 percent to 7.86 HK dollars. ICBC sank 2.43 percent to 6.81 HK dollars.

As for energy stocks, China's top refiner Sinopec gained 0.71 percent to 7.05 HK dollars. PetroChina, the country's largest oil and gas producer, retreated 0.78 percent to 10.06 HK dollars. CNOOC fell 0.46 percent to 12.9 HK dollars (1 U.S. dollar equals 7. 75 HK dollars) Endi