Roundup: Hong Kong stocks close 0.37 pct lower
Xinhua, October 22, 2015 Adjust font size:
Hong Kong stocks moved down 143.85 points, or 0.63 percent, to close at 22,845.37 points on Thursday.
The benchmark Hang Seng Index traded between 22,727.59 and 22,869.59. Turnover totaled 69.17 billion HK dollars (about 8.92 billion U.S. dollars).
The Hang Seng China Enterprises Index dropped 0.46 percent, or 48.93 points, to close at 10,600.52 points.
Three of the four sub-indices lost ground. The Commerce & Industry fell the most by 1.08 percent. The Finance and the Properties sub-indices were down 0.51 percent and 0.02 percent, respectively. The Utilities rose 0.5 percent.
Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed at 104.4 HK dollars, almost unchanged from the previous closing price. Henderson Land edged up 0.6 percent to 49.9 HK dollars. CKH Holdings ended at 107.5 HK dollars, up 1.03 percent.
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, lost 1.3 percent to 60.7 HK dollars.
Bank of East Asia, one of the largest local banks in Hong Kong, moved up 0.7 percent to close at 28.8 HK dollars.
Local bourse operator HKEX edged up 0.3 percent to 203.6 HK dollars.
Mainland-based financial stocks closed generally higher. Bank of China gained 1.34 percent to close at 3.79 HK dollars. China Construction Bank went up 0.17 percent to 5.79 HK dollars. Industrial and Commercial Bank of China, the nation's largest lender, rose 1 percent to 5.08 HK dollars.
Energy stocks posted lackluster performances. China's top refiner Sinopec retreated 2.6 percent to 5.61 HK dollars. PetroChina, the country's largest oil and gas producer, slid 2.66 percent to 6.22 HK dollars.
China Mobile, China's dominant mobile carrier, fell 3.1 percent to 92.75 HK dollars. China Unicom, another Chinese telecom giant, lost 2.9 percent to 9.96 HK dollars. (1 U.S. dollar equals to 7.75 HK dollars) Endit