Roundup: Hong Kong stocks close 1.41 pct higher

Hong Kong stocks moved up 289. 70 points, or 1.41 percent on Wednesday, at 20,846.30 points.

The benchmark Hang Seng Index traded between 20,683.11 and 20, 939.39. Turnover totaled 85.22 billion HK dollars (about 11 billion U.S. dollars).

The Hang Seng China Enterprises Index moved up 175 points, or 1. 90 percent, to close at 9,405.50 points.

All of the four sub-indices gained ground. The Properties sub- index rose the most at 1.81 percent, followed by the Utilities at 1.74 percent, the Commerce & Industry at 1.67 percent, the Finance at 1.04 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, added 1.05 percent to 57.65 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, gained 2.76 percent to close at 26 HK dollars.

Local bourse operator HKEX lowered 0.5 percent to 176.8 HK dollars.

China Mobile, China's dominant mobile carrier, dipped 0.27 percent to 91.8 HK dollars. China Unicom, another Chinese telecom giant, rose 2.72 percent to 9.81 HK dollars.

Local property stocks went up in general. Sun Hung Kai, one of Hong Kong's largest property developer by market value, rose 1.56 percent to 100.5 HK dollars. Henderson Land increased 0.54 percent to 46.1 HK dollars. CKH Holdings grew 1.62 percent to 100.2 HK dollars.

Mainland-based financial stocks moved up. Bank of China closed 0.9 percent higher at 3.33 HK dollars. China Construction Bank increased 0.98 percent to 5.15 HK dollars. Bank of Communication gained 1.13 percent at 5.37 HK dollars. ICBC grew 1.36 percent to 4.46 HK dollars.

As for energy stocks, China's top refiner Sinopec surged 5.13 percent to 4.71 HK dollars. PetroChina, the country's largest oil and gas producer, rose 3.46 percent to 5.37 HK dollars. CNOOC moved rocketed 6.58 percent to 7.93 HK dollars. Endi