Roundup: Hong Kong stocks close 0.83 pct lower

Hong Kong stocks closed down 231. 03 points, or 0.83 percent to 27,591.25 points on Monday.

The benchmark Hang Seng Index traded between 27,435.57 and 27, 792.44. Turnover totaled 122.99 billion HK dollars (about 15.9 billion U.S. dollars).

The Hang Seng China Enterprises Index ended down 83.48 points, or 0.6 percent, to close at 13,926.28 points.

All of the four sub-indices lost ground. The Commerce & Industry sub-index dropped the most at 1.21 percent, followed by the Properties at 1.04 percent, Finance at 0.55 percent, and the Utilities at 0.13 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, slid 0.66 percent to 75.15 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, dropped 1.5 percent to close at 33.6 HK dollars.

Local bourse operator HKEX retreated 1.11 percent to 286.4 HK dollars.

China Mobile, China's dominant mobile carrier, fell 2.84 percent to 105.9 HK dollars. China Unicom, another Chinese telecom giant, moved down 2.27 percent to 13.8 HK dollars.

Local property stocks went down in general. Sun Hung Kai, one of Hong Kong's largest property developer by market value, dropped 0.83 percent to 131 HK dollars. Henderson Land lost 0.4 percent to 62.95 HK dollars. CKH Holdings slid 0.59 percent to 167.5 HK dollars.

Mainland-based financial stocks closed lower. Bank of China fell 0.78 percent to close at 5.12 HK dollars. China Construction Bank dropped 0.67 percent to 7.39 HK dollars. Bank of Communication lost 0.52 percent to 7.61 HK dollars. ICBC closed flat at 6.61 HK dollars.

As for energy stocks, China's top refiner Sinopec lost 1.15 percent to 6.85 HK dollars. PetroChina, the country's largest oil and gas producer, fell 0.63 percent to 9.49 HK dollars. CNOOC dropped 1.27 percent to 12.42 HK dollars (1 U.S. dollar equals 7. 75 HK dollars) Endi