Roundup: Hong Kong stocks close 0.8 pct lower

Hong Kong stocks fell 186.16 points, or 0.8 percent, to close on Wednesday at 22,956.57 points.

The benchmark Hang Seng Index traded between 22,923.66 and 23,120.25. Turnover totaled 61.01 billion HK dollars (7.87 billion U.S. dollars).

The Hang Seng China Enterprises Index moved down 156.32 points, or 1.46 percent, to close at 10,558.47 points.

Three of the four sub-indices lost ground. The Finance sub-index dropped the most at 1.15 percent, followed by the Commerce & Industry and the Properties, which both dropped 0.61 percent, while the Utilities gained 0.36 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, shed 0.73 percent to 60.85 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, went down 1.85 percent to close at 29.05 HK dollars.

Local bourse operator HKEX fell 0.58 percent to 203.6 HK dollars.

China Mobile, China's dominant mobile carrier, fell 0.52 percent to 94.5 HK dollars. China Unicom, another Chinese telecom giant, lost 1.23 percent to 9.58 HK dollars.

Local property stocks ended mixed. Sun Hung Kai, one of Hong Kong's largest property developer by market value, rose 0.85 percent to 106.5 HK dollars. Henderson Land increased 0.59 percent to 51.15 HK dollars. CKH Holdings dropped 0.18 percent to 107.2 HK dollars.

Mainland-based financial stocks ended down. Bank of China lost 2.1 percent to 3.73 HK dollars. China Construction Bank fell 1.88 percent to 5.72 HK dollars. Bank of Communication slumped 2.33 percent at 5.86 HK dollars. ICBC fell 2.53 percent to 5 HK dollars.

As for energy stocks, China's top refiner Sinopec dropped 1.56 percent to 5.66 HK dollars. PetroChina, the country's largest oil and gas producer, lost 1.46 percent to 6.07 HK dollars. CNOOC lost 1.94 percent to 8.57 HK dollars. (1 U.S. dollar = 7.75 HK dollars) Endit