Roundup: Hong Kong stocks close 0.37 pct higher

Hong Kong stocks closed up 102.29 points, or 0.37 percent to 27,693.54 points on Tuesday.

The benchmark Hang Seng Index traded between 27,500.76 and 27, 765.55. Turnover totaled 136.03 billion HK dollars (about 17.6 billion U.S. dollars).

The Hang Seng China Enterprises Index ended up 265.22 points, or 1.9 percent, to close at 14,191.5 points.

Three of the four sub-indices gained ground. The Finance sub- index rose the most at 0.69 percent, followed by the Properties at 0.53 percent and the Commerce & Industry at 0.08 percent, while the Utilities dropped 1.07 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, slid 0.67 percent to 74.65 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, rose 1.04 percent to close at 33.95 HK dollars.

Local bourse operator HKEX climbed 0.84 percent to 288.8 HK dollars.

China Mobile, China's dominant mobile carrier, fell 0.76 percent to 105.1 HK dollars. China Unicom, another Chinese telecom giant, moved up 1.3 percent to 13.98 HK dollars.

Local property stocks went up in general. Sun Hung Kai, one of Hong Kong's largest property developer by market value, rose 0.15 percent to 131.2 HK dollars. Henderson Land gained 0.16 percent to 63.05 HK dollars. CKH Holdings advanced 0.66 percent to 168.6 HK dollars.

Mainland-based financial stocks closed higher. Bank of China rose 1.37 percent to close at 5.19 HK dollars. China Construction Bank gained 1.89 percent to 7.53 HK dollars. Bank of Communication added 2.89 percent to 7.83 HK dollars. ICBC closed 1.36 percent higher at 6.7 HK dollars.

As for energy stocks, China's top refiner Sinopec rose 0.73 percent to 6.9 HK dollars. PetroChina, the country's largest oil and gas producer, gained 1.37 percent to 9.62 HK dollars. CNOOC dropped 0.16 percent to 12.4 HK dollars (1 U.S. dollar equals 7.75 HK dollars) Endi