Roundup: HK stocks close 0.1 pct lower

Hong Kong stocks ended lower on Tuesday with the benchmark Hang Seng index falling 0.1 percent, or 22.88 points, to 21,831.62. Turnover totaled 78.31 billion HK dollars (about 10.07 billion U.S. dollars).

The Hang Seng China Enterprises Index rose 47.82 points or 0.48 percent, to close at 9,931.53.

Two sub-indices lost ground, with the Utility sub-index falling by 1.15 percent, followed by the Properties 0.94 percent. The Finance and the Commerce and Industry both rose 0.07 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index closed down 0.2 percent to 60.55 HK dollars, while its local unit Hang Seng Bank dropped 1.9 percent to 141.20 HK dollars. Local bourse operator HKEX edged down 0.2 percent at 186.40 HK dollars.

Local developers Hang Lung Properties fell 0.2 percent to 18.00 HK dollars. Henderson Land, another major developer in Hong Kong slid 0.2 percent to 47.90 HK dollars, and Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, closed flat at 103.90 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, increased 0.2 percent to 5.35 HK dollars. ICBC, the world's largest bank by market value, went up 0.4 percent to 4.63 HK dollars. Bank of China added 0.3 percent to 3.45 HK dollars.

PetroChina, the country's largest oil and gas producer, advanced 3.0 percent to 5.76 HK dollars. (1 U.S. dollar equals 7. 761 HK dollars) Endi