Roundup: Hong Kong stocks close up 2.08 pct

Hong Kong stocks rose 508.49 points, or 2.08 percent to close at 24,901.28 points on Friday.

The benchmark Hang Seng Index opened 175 points higher, tracking gains on mainland markets. The index continued to grow and hit the day high at 25,015.17.

The Hang Seng China Enterprises Index moved up 339.07 points, or 3.05 percent, to close at 11,446.37 points.

All of the four sub-indices gained ground. The Commerce & Industry sub-index grew 2.36 percent, the Finance added 2.13 percent, the Properties increased 1.57 percent, the Utilities went up 0.57 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, gained 0.51 percent to 68.1 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, grew 1.74 percent to close at 32.1 HK dollars.

Local bourse operator HKEX gained 2.39 percent to 239.2 HK dollars.

China Mobile, China's dominant mobile carrier, swelled 4.64 percent to 95.85 HK dollars. China Unicom, another Chinese telecom giant, surged 3.88 percent to 11.22 HK dollars.

Local property stocks closed up. Sun Hung Kai, one of Hong Kong 's largest property developer by market value, rose 0.91 percent to 120.8 HK dollars. Henderson Land increased 1.18 percent to 51.3 HK dollars. CKH Holdings gained 2.21 percent to 111 HK dollars.

Mainland-based financial stocks moved up. Bank of China rose 3. 24 percent to close at 4.45 HK dollars. China Construction Bank climbed 2.35 percent to 6.52 HK dollars. ICBC added 2.53 percent to 5.66 HK dollars. Bank of Communication gained 1.8 percent to 7. 33 HK dollars.

As for energy stocks, China's top refiner Sinopec rose 1.46 percent to 6.22 HK dollars. PetroChina, the country's largest oil and gas producer, increased 0.74 percent to 8.08 HK dollars. CNOOC gained 1.8 percent to 10.14 HK dollars. Endi