Roundup: HK stocks close 0.13 pct lower

Hong Kong stocks ended lower on Monday with the benchmark Hang Seng index falling 0.13 percent, or 31.35 points to end at 24,521.12 points. Turnover totaled 80.28 billion HK dollars (about 10.32 billion U.S. dollars).

The Hang Seng China Enterprises Index rose 63.72 points, or 0. 57 percent, to close at 11,291.66.

Two sub-indices lost ground, with the Properties sub-index falling by 0.75 percent, followed by the Finance 0.63 percent. The Commerce and Industry rose 0.60 percent, while the Utility gained 0.40 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, lost 1.6 percent at 69.90 HK dollars, while its local unit Hang Seng Bank closed down 1.7 percent to 157.80 HK dollars. Local bourse operator HKEX went up 2.8 percent at 218.20 HK dollars.

Local developers Hang Lung Properties slid 1.7 percent to 20.80 HK dollars. Henderson Land, another major developer in Hong Kong, dropped 1.0 percent to 50.10 HK dollars, and Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka- shing, increased 0.5 percent to 115.90 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 down 0.6 percent to 6.37 HK dollars. ICBC, the world's largest bank by market value, was down 0.7 percent to 5.35 HK dollars. Bank of China closed down 0.5 percent to 4.23 HK dollars.

PetroChina, the country's largest oil and gas producer, decreased 0.4 percent to 7.27 HK dollars. (1 U.S. dollar equals 7. 761 HK dollars) Endi