Roundup: Hong Kong stocks close flat

Hong Kong stocks edged down 9.06 points, or 0.04 percent, to close at 22,488.94 points on Thursday.

The benchmark Hang Seng Index traded between 22,453.69 and 22,787.50. Turnover totaled 61.37 billion HK dollars (about 7.92 billion U.S. dollars).

The Hang Seng China Enterprises Index fell 0.43 percent, or 19.48 points, to close at 10,108.39 points.

Two of the four sub-indices gained ground. Finance and the Properties sub-indices grew 0.25 percent and 0.17 percent respectively, while Commerce & Industry and Utilities fell 0.43 percent and 0.01 percent respectively.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, went up 0.48 percent to 62.25 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, fell 0.69 percent to close at 28.45 HK dollars. Local bourse operator HKEX fell 0.47 percent to 209 HK dollars.

Local developers moved up in general. Sun Hung Kai, one of Hong Kong's largest property developer by market value, went up 0.4 percent to close at 98.75 HK dollars. Henderson Land gained 0.1 percent at 48.8 HK dollars. CKH Holdings moved down 0.67 percent at 102.9 HK dollars.

Mainland-based financial stocks closed mixed. Bank of China increased 0.28 percent to close at 3.5 HK dollars. China Construction Bank rose 0.36 percent to 5.44 HK dollars. Industrial and Commercial Bank of China, the nation's largest lender, grew 0.63 percent at 4.78 HK dollars.

As for oil shares, CNOOC fell 0.68 percent to close at 8.75 HK dollars. China's top refiner Sinopec rose 0.6 percent to 4.97 HK dollars. PetroChina, the country's largest oil and gas producer, rose 0.34 percent to 5.75 HK dollars. (1 U.S. dollar equals to 7.75 HK dollars) Enditem