Roundup: Hong Kong stocks close 0.65 pct lower

Hong Kong stocks fell 138.4 points, or 0.65 percent, to close on Tuesday at 21,188.72 points.

The benchmark Hang Seng Index traded between 21,095.9 and 21,452.74. Turnover totaled 72.44 billion HK dollars (about 9.35 billion U.S. dollars).

The Hang Seng China Enterprises Index slid 0.95 percent, or 88.17 points, to close at 9,223.01 points.

Three of the four sub-indices lost ground, with the Commerce and Industry falling the most by 1.03 percent, followed by the Properties 0.62 percent, the Finance 0.47 percent. The Utilities edged up 0.53 percent.

Local financial shares were broadly lower. Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, declined 0.83 percent to 59.9 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, fell 0.55 percent to close at 27.2 HK dollars.

Local bourse operator HKEX decreased 0.57 percent to 191.7 HK dollars.

Property developers posted lackluster performances. Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed down 0.16 percent to 93.05 HK dollars. Henderson Land ended 1.48 percent lower at 46.65 HK dollars.

Mainland-based financial stocks also fell. Bank of China, the country's third-largest lender, slid 0.3 percent to close at 3.35 HK dollars. Bank of Communications retreated 2.1 percent to 5.18 HK dollars.

Oil majors ended mixed. Sinopec, the largest oil refiner, closed unchanged at 4.53 HK dollars. PetroChina, the country's largest oil and gas producer, fell 1.6 percent to close at 4.94 HK dollars.(1 U.S. dollar equals to 7.75 HK dollars). CNOOC added 0.25 percent to close at 8.03 HK dollars. Endit