Roundup: Hong Kong stocks close 0.15 pct lower
Xinhua, December 7, 2015 Adjust font size:
Hong Kong stocks dropped 32.67 points, or 0.15 percent, to close on Monday at 22,203.22 points.
The benchmark Hang Seng Index traded between 22,200.55 and 22,352.25. Turnover totaled 65.85 billion HK dollars (8.5 billion U.S. dollars).
The Hang Seng China Enterprises Index fell 36.09 points, or 0.37 percent, to 9,798.19 points.
Three of the four sub-indices lost ground. The Commerce & Industry sub-index dropped the most at 0.42 percent, followed by the Properties and Utilities at 0.23 and 0.2 percent respectively, while the Finance rose at 0.11 percent.
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, advanced 0.33 percent to 61.7 HK dollars. Bank of East Asia, one of the largest local banks in Hong Kong, rose 1.81 percent to close at 28.1 HK dollars.
Local bourse operator HKEX edged up 0.1 percent to 206.2 HK dollars.
China Mobile, China's dominant mobile carrier, advanced 0.33 percent to 90.6 HK dollars. China Unicom, another Chinese telecom giant, fell 0.96 percent to 9.33 HK dollars.
Local property stocks were generally down. Sun Hung Kai, one of Hong Kong's largest property developer by market value, fell 0.21 percent to 96.6 HK dollars. CKH Holdings slid 0.19 percent to 103.5 HK dollars.
Mainland-based financial stocks closed down. Bank of China retreated 0.87 percent to close at 3.44 HK dollars. China Construction Bank dropped 0.19 percent to 5.32 HK dollars.
As for energy stocks, China's top refiner Sinopec dropped 2.7 percent to 4.68 HK dollars. PetroChina, the country's largest oil and gas producer, fell 2.17 percent to 5.42 HK dollars. CNOOC moved down 4.87 percent to 8.6 HK dollars. Endit