Roundup: HK stocks close 0.27 pct higher

Hong Kong stocks ended higher on Monday with the benchmark Hang Seng index rising 0.27 percent, or 58.19 points to end at 21,670.58 points.

Turnover totaled 94.47 billion HK dollars (about 12.14 billion U.S. dollars).

The Hang Seng China Enterprises Index fell 9.32 points or 0.1 percent, to close at 9,741.41.

Four sub-indices all gained ground, with the Commerce and Industry sub-index rising the most by 0.32 percent, followed by the Finance 0.27 percent, the Properties 0.17 percent and the Utility 0.12 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 0.2 percent at 61.30 HK dollars, while Hang Seng Bank closed down 0.1 percent to 137.90 HK dollars. Local bourse operator HKEX went down 0.9 percent at 182.20 HK dollars.

Local developers Hang Lung Properties fell 1.1 percent to 17.50 HK dollars. Henderson Land, another major developer in Hong Kong, lost 1.1 percent to 47.75 HK dollars, and Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, decreased 1.2 percent to 103.30 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, climbed 1.5 percent to 5. 45 HK dollars. ICBC, the world's largest bank by market value, went up 1.3 percent to 4.58 HK dollars. Bank of China sank 0.3 percent to 3.54 HK dollars.

PetroChina, the country's largest oil and gas producer, slid 0. 8 percent to 6.44 HK dollars. (1 U.S. dollar equals 7.761 HK dollars) Endi