Roundup: Hong Kong stocks close 3.28 pct higher
Xinhua, September 8, 2015 Adjust font size:
Hong Kong stocks rose 675.52 points, or 3.28 percent, to close on Tuesday at 21,259.04 points.
The benchmark Hang Seng Index traded between 20,524.88 and 21, 431.99. Turnover totaled 82.66 billion HK dollars (10.67 billion U. S. dollars), up from 67.19 billion HK dollars the previous trading day.
The Hang Seng China Enterprises Index rose 376.26 points, or 4. 13 percent, to 9,479.48 points.
All of the four sub-indices gained ground. The Properties sub- index rose the most at 3.95 percent, followed by the Finance at 3. 56 percent, the Commerce & Industry at 2.93 percent and the Utilities at 2.03 percent.
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, advanced 3.27 percent to 60.1 HK dollars.
Bank of East Asia, one of the largest local banks in Hong Kong, rose 3.78 percent to close at 26.1 HK dollars.
Local bourse operator HKEX gained 4.63 percent to 183.2 HK dollars.
China Mobile, China's dominant mobile carrier, rose 2.69 percent to 91.7 HK dollars. China Unicom, another Chinese telecom giant, advanced 3.89 percent to 10.16 HK dollars.
Local property stocks closed up. Sun Hung Kai, one of Hong Kong 's largest property developer by market value, gained 4.32 percent to 97.9 HK dollars. Henderson Land rose 3.68 percent to 47.9 HK dollars. CKH Holdings edged up 2.57 percent to 103.6 HK dollars.
Mainland-based financial stocks closed higher. Bank of China climbed 3.68 percent to close at 3.38 HK dollars. China Construction Bank gained 2.96 percent to 5.21 HK dollars. Bank of Communication went up 5.17 percent to 5.49 HK dollars. ICBC rose 3. 46 percent to 4.48 HK dollars.
As for energy stocks, China's top refiner Sinopec rose 4.21 percent to 4.95 HK dollars. PetroChina, the country's largest oil and gas producer, advanced 2.25 percent to 5.9 HK dollars. CNOOC moved up 3.92 percent to 9.02 HK dollars. Endi