Roundup: HK stocks close 0.04 pct lower

Hong Kong stocks rose 131.62 points, or 0.52 percent, to close on Tuesday at 25,536.43 points.

The benchmark Hang Seng Index traded between 25,342.69 and 25, 634.32. Turnover totaled 80.84 billion HK dollars (10.43 billion U. S. dollars).

The Hang Seng China Enterprises Index rose 97.62 points, or 0. 83 percent, to close at 11,871.54.

Two sub-indices gained ground, with the Commerce and Industry sub-index rising the most by 1.04 percent, followed by the Finance 0.36 percent, while Properties dropped 0.38 percent and the Utilities was down 0.17 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 0.07 percent at 70.85 HK dollars, while its local unit Hang Seng Bank closed up 0.71 percent to 155.6 HK dollars. Local bourse operator HKEX went down 1.21 percent at 228. 4 HK dollars.

Local developers Hang Lung Properties rose 0.22 percent to 22. 55 HK dollars. Henderson Land, another major developer in Hong Kong, lost 0.56 percent to 52.85 HK dollars, and Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, gained 0.35 percent to 115.4 HK dollars.

As for mainland-based financial stocks, China Construction Bank, the country's second largest bank which accounts for the third largest weighting of the Hang Seng Index, went up 0.6 percent to 6. 56 HK dollars. ICBC, the world's largest bank by market value, was down 0.35 percent to 5.65 HK dollars. Bank of China climbed 0.67 percent to 4.49 HK dollars.

PetroChina, the country's largest oil and gas producer, closed 0.13 percent higher at 7.98 HK dollars. (1 U.S. dollar equals 7.75 HK dollars) Endi