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Roundup: Hong Kong stocks rebounded 0.18 pct

Xinhua, September 22, 2015 Adjust font size:

Hong Kong stocks moved up 0.18 percent, or 39.65 points, to close at 21,796.58 points on Tuesday.

The benchmark Hang Seng Index traded between 21,768.98 and 22, 111.67. Turnover totaled 74.44 billion HK dollars (about 9.61 billion U.S. dollars), up from 70.24 billion HK dollars the previous trading day.

The Hang Seng China Enterprises Index dropped 0.65 percent, or 63.98 points, to close at 9,835.39 points.

Three of the four sub-indices gained ground. The Commerce & Industry sub-index rose the most by 0.85 percent, followed by the Utilities 0.51 percent and the Properties 0.22 percent. The Finance edged down 0.44 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, increased 0.42 percent to 60.15 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, moved up 1.12 percent to close at 27 HK dollars.

Local bourse operator HKEX edged up 0.11 percent to 186.6 HK dollars.

However, mainland-based financial stocks posted lackluster performances. Bank of China closed down 1.13 percent at 3.49 HK dollars. China Construction Bank went down 1.63 percent to 5.44 HK dollars. Bank of Communications decreased 0.54 percent at 5.58 HK dollars. ICBC lost 1.06 percent to 4.68 HK dollars.

Local property stocks closed mixed. Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed unchanged at 105 HK dollars. Henderson Land slid 0.21 percent to 48.4 HK dollars. CKH Holdings edged up 0.39 percent to 103.2 HK dollars.

Energy stocks rebounded after a sharp drop on Monday. China's top refiner Sinopec increased 0.39 percent to 5.15 HK dollars. PetroChina, the country's largest oil and gas producer, climbed 1. 58 percent to 5.8 HK dollars. CNOOC rose 0.72 percent to 8.44 HK dollars.

China Mobile, China's dominant mobile carrier, rose 4.13 percent to 96.95 HK dollars. China Unicom, another Chinese telecom giant, added 1.79 percent to 10.24 HK dollars. (1 U.S. dollar equals to 7.75 HK dollars) Endi