Roundup: Hong Kong stocks close 0.18 pct higher

Hong Kong stocks moved up 38.34 points, or 0.18 percent, to close at 21,830.02 points on Tuesday.

The benchmark Hang Seng Index traded between 21,750.74 and 21,870.31. Turnover totaled 48.26 billion HK dollars (about 6.22 billion U.S. dollars).

The Hang Seng China Enterprises Index fell 0.16 percent, or 15.46 points, to close at 9,731.53 points.

All of the four sub-indices gained ground. The Properties sub-index rose the most at 0.54 percent, followed by the Commerce & Industry at 0.22 percent, the Utilities at 0.13 percent, the Finance at 0.06 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, close flat at 61.1 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, closed flat at 27.15 HK dollars. Local bourse operator HKEX lowered 0.49 percent to 200 HK dollars.

Local developers moved up in general. Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed at 94.95 HK dollars, up 0.95 percent. Henderson Land went up 1.04 percent at 48.2 HK dollars. CKH Holdings closed up 0.38 at 103.4 HK dollars.

Mainland-based financial stocks closed mixed. Bank of China closed flat at 3.47 HK dollars. China Construction Bank fell 0.18 percent to 5.33 HK dollars. Industrial and Commercial Bank of China, the nation's largest lender, ended flat at 4.73 HK dollars.

As for oil shares, CNOOC lost 0.12 percent to close at 7.85 HK dollars. China's top refiner Sinopec rose 0.87 percent to 4.63 HK dollars. PetroChina, the country's largest oil and gas producer, fell 0.78 percent to 5.09 HK dollars. (1 U.S. dollar equals to 7.75 HK dollars) Endit