Roundup: Hong Kong stocks close 0.15 pct lower

Hong Kong stocks dropped 42.41 points, or 0.15 percent, to close on Wednesday at 28,400.34 points.

The benchmark Hang Seng Index traded between 28,201.76 and 28, 453.1. Turnover totaled 163.05 billion HK dollars (21.04 billion U. S. dollars).

The Hang Seng China Enterprises Index dropped 111.75 points, or 0.76 percent, to close at 14,603.04.

Two of the four sub-indices lost ground. The Commerce & Industry sub-index fell 0.37 percent, followed by the Finance at 0. 14 percent, while the Utilities and the Properties rose 0.5 percent and 0.32 percent, respectively.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, moved up 1.37 percent to 77.45 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, rose 0.15 percent to close at 33.95 HK dollars.

Local bourse operator HKEX lost 1.41 percent to 293.6 HK dollars.

China Mobile, China's dominant mobile carrier, dropped 1.04 percent to 113.7 HK dollars. China Unicom, another Chinese telecom giant, gained 0.52 percent to 15.46 HK dollars.

Local property stocks ended lower in general. Sun Hung Kai, one of Hong Kong's largest property developer by market value edged up 0.71 percent to close at 128.3 HK dollars. Henderson Land rose 1. 07 percent to close at 61.25 HK dollars. CKH Holdings ended 0.66 percent higher at 168.7 HK dollars.

Mainland-based financial stocks were down. Bank of China slid 0. 36 percent to 5.53 HK dollars. China Construction Bank lost 0.9 percent to 7.69 HK dollars. Bank of Communication retreated 0.38 percent to 7.98 HK dollars. ICBC fell 0.58 percent to 6.87 HK dollars.

As for energy stocks, China's top refiner Sinopec gained 0.28 percent to 7.28 HK dollars. PetroChina, the country's largest oil and gas producer, lost 1.38 percent to 10 HK dollars. CNOOC moved down 1.8 percent to 13.06 HK dollars (1 U.S. dollar equals 7.75 HK dollars) Endi