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Roundup: Hong Kong stocks close 0.21 pct higher

Xinhua, June 8, 2015 Adjust font size:

Hong Kong stocks closed up 56.12 points, or 0.21 percent to 27,316.28 points on Monday.

The benchmark Hang Seng Index traded between 27,060.24 and 27, 428.59. Turnover totaled 151.09 billion HK dollars (about 19.5 billion U.S. dollars).

The Hang Seng China Enterprises Index ended up 199.37 points, or 1.43 percent, to close at 14,113.98 points.

Three of the four sub-indices lost ground. The Utilities sub- index fell the most at 1.85 percent, followed by the Properties at 1.19 percent, the Commerce & Industry at 0.38 percent, while the Finance rose 1.14 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, added 0.61 percent to 73.55 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, fell 2.67 percent to close at 34.6 HK dollars.

Local bourse operator HKEX moved up 0.54 percent to 293.6 HK dollars.

China Mobile, China's dominant mobile carrier, lowered 0.97 percent to 101.3 HK dollars. China Unicom, another Chinese telecom giant, moved up 1.36 percent to 13.36 HK dollars.

Local property stocks retreated. Sun Hung Kai, one of Hong Kong 's largest property developer by market value, tumbled 1.83 percent to 128.6 HK dollars. Henderson Land plunged 2.25 percent to 54.1 HK dollars. CKH Holdings lost 1.22 percent to 112.9 HK dollars.

Mainland-based financial stocks closed higher. Bank of China rocketed 3.68 percent to close at 5.35 HK dollars. China Construction Bank rose 1.28 percent to 7.89 HK dollars. Bank of Communication sharply rose 7.94 percent to 8.42 HK dollars. ICBC gained 1.05 percent to 6.69 HK dollars.

As for energy stocks, China's top refiner Sinopec grew 1.67 percent to 6.66 HK dollars. PetroChina, the country's largest oil and gas producer, rose 1.23 percent to 9.02 HK dollars. CNOOC added 0.34 percent to 11.76 HK dollars (1 U.S. dollar equals 7.75 HK dollars) Endi