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Roundup: Hong Kong stocks close 0.72 pct lower

Xinhua, December 14, 2015 Adjust font size:

Hong Kong stocks fell 154.2 points, or 0.72 percent, to close on Monday at 21,309.85 points.

The benchmark Hang Seng Index traded between 21,010.26 and 21,378.19. Turnover totaled 77.5 billion HK dollars (about 10 billion U.S. dollars).

The Hang Seng China Enterprises Index moved up 7.91 points, or 0.08 percent, to close at 9,315.91 points.

All four sub-indices lost ground, with the Commerce and Industry sub-index falling the most by 1.04 percent, followed by the Properties 0.76 percent, the Finance 0.5 percent and the Utilities 0.18 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, fell 1.0 percent to 59.45 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, slid 0.38 percent to close at 26.3 HK dollars.

Local bourse operator HKEX rose 0.72 percent to 195.6 HK dollars.

China Mobile, China's dominant mobile carrier, went down 1.95 percent to 87.85 HK dollars. China Unicom, another Chinese telecom giant, added 0.33 percent to 9.16 HK dollars.

Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed down 0.05 percent to 93.8 HK dollars. Henderson Land ended 0.11 percent lower at 46.6 HK dollars.

Mainland-based financial stocks ended lower. Industrial and Commercial Bank China went down 0.89 percent to 4.48 HK dollars. China Construction Bank lost 0.58 percent to 5.13 HK dollars.

As for energy stocks, China's largest oil and gas producer PetroChina moved down 1.18 percent to 5.02 HK dollars. Sinopec, the country's largest oil and gas producer, retreated 1.36 percent to 4.35 HK dollars. (1 U.S. dollar = 7.75 HK dollars) Endit