Roundup: Hong Kong stocks close 1.41 pct higher

Hong Kong stocks moved up 311.96 points, or 1.41 percent, to close at 22,500.22 points on Thursday.

The benchmark Hang Seng Index traded between 22,416.00 and 22,559.06. Turnover totaled 66.83 billion HK dollars.

The Hang Seng China Enterprises Index gained 1.37 percent, or 137.83 points, to close at 10,193.11 points.

All of the four sub-indices gained ground. The Finance sub-index gained the most at 1.68 percent, followed by the Commerce & Industry at 1.33 percent, the Properties at 0.8 percent, and the Utilities at 0.79 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, added 1.55 percent to 62.05 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, moved up 1.6 percent to close at 28.55 HK dollars. Local bourse operator HKEX gained 1.36 percent to 208 HK dollars.

Local developers moved up in general. Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed at 96.8 HK dollars, down 0.3 percent. Henderson Land gained 1.16 percent at 47.85 HK dollars. CKH Holdings gained 1.76 percent at 103.8 HK dollars.

Mainland-based financial stocks closed up. Bank of China increased 1.73 percent to close at 3.52 HK dollars. China Construction Bank went up 2.59 percent to 5.54 HK dollars. Industrial and Commercial Bank of China, the nation's largest lender, rose 2.1 percent at 4.85 HK dollars.

Oil shares led the increases. CNOOC rose 2.46 percent to close at 8.33 HK dollars. China's top refiner Sinopec rose 2.22 percent to 5.06 HK dollars. PetroChina, the country's largest oil and gas producer, rose 1.84 percent to 5.51 HK dollars. (1 U.S. dollar equals to 7.75 HK dollars) Enditem