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Roundup: Hong Kong stocks close 0.36 pct higher

Xinhua, December 29, 2015 Adjust font size:

Hong Kong stocks rose 80 points, or 0.36 percent, to close on Tuesday at 21,999.62.

The benchmark Hang Seng Index traded between 21,881.71 and 22,024.28. Turnover totaled 37.86 billion HK dollars (about 4.87 billion U.S. dollars).

The Hang Seng China Enterprises Index moved down 0.55 points, or 0.01 percent, to close at 9,788.91 points.

Four sub-indices all gained ground, with the Properties sub-index rising the most by 0.67 percent, followed by the Utilities 0.47 percent, the Finance 0.33 percent and the Commerce and Industry 0.31 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 0.9 percent to 62.30 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, gained 1.5 percent to close at 27.95 HK dollars.

Local bourse operator HKEX fell 0.1 percent to 200.20 HK dollars.

China Mobile, China's dominant mobile carrier, went up 0.2 percent to 87.75 HK dollars. China Unicom, another Chinese telecom giant, rose 0.3 percent to 9.54 HK dollars.

Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed down 0.5 percent to 94.00 HK dollars. Henderson Land ended 0.3 percent lower at 47.55 HK dollars.

Mainland-based financial stocks ended lower. Bank of China went up 0.6 percent to 3.51 HK dollars. China Construction Bank lost 0.4 percent to 5.36 HK dollars. ICBC closed down 0.4 percent to 4.73 HK dollars.

As for energy stocks, China's top refiner Sinopec moved down 0.6 percent to 4.75 HK dollars. PetroChina, the country's largest oil and gas producer, retreated 1.5 percent to 5.19 HK dollars. (1 U.S. dollar equals to 7.75 HK dollars) Endit