Roundup: Hong Kong stocks close 0.91 lower

Hong Kong stocks moved down 224. 86 points, or 0.91 percent on Monday at 24,411.42 points.

The benchmark Hang Seng Index traded between 24,232.60 and 24, 533.14. Turnover totaled 79.54 billion HK dollars (about 10.26 billion U.S. dollars).

The Hang Seng China Enterprises Index ended down 121.72 points, or 1.09 percent, to close at 11,009.96.

All four sub-indices lost ground with the Finance dropping 0.56 percent, the Utilities shedding 0.18 percent, the Properties losing 1.18 percent and the Commerce and Industry sinking 1.35 percent.

The Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, edged up 1.94 percent to 71.05 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, edged down 2.23 percent to 30.70 HK dollars.

Local bourse operator HKEX lost 1.81 percent to 206.40 HK dollars.

China Mobile, China's dominant mobile carrier, decreased 1.92 percent to 99.55 HK dollars, while another Chinese telecom giant China Unicom dropped 1.83 percent to 10.74 HK dollars.

For the local property stocks, Sun Hung Kai, one of HK's largest property developer by market value, lost 0.76 percent 118. 20 HK dollars. Hang Lung Properties fell 2.26 percent to 21.65 HK dollars. New World Development, another major developer in Hong Kong, declined 1.81 percent to 9.20 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, edged down 0.32 percent to 6.31 HK dollars

ICBC, the world's largest bank by market value, shed 0.56 percent with 5.31 HK dollars. Bank of China retreated 0.23 percent to 4.23 HK dollars.

As for energy stocks, China's top refiner Sinopec lost 1.19 percent to 5.81 HK dollars. PetroChina, the country's largest oil and gas producer, declined 2.86 percent to 7.47 HK dollars. (1 U.S. dollar equals 7.75 HK dollars) Endi