Off the wire
• Aung San Suu Kyi calls for national reconciliation to achieve eternal peace  • Urgent: Explosion rocks Istanbul's historic district, injuries reported  • Timeline of the 4-year Essendon supplements saga in Australia's doping debacle  • Gaza exports strawberry to West Bank for first time in eight years of blockade  • Philippine Supreme Court says enhanced defense pact with U.S. constitutional  • Myanmar's rice export drops over 62 million USD in 2015-16 FY  • China moves ahead with medical insurance merger for urban, rural equality  • 1st LD-Writethru: Smoggy Beijing to fight small coal stoves  • Hong Kong stocks close 0.89 pct lower  • S. Korea, U.S., Japan to hold vice ministers' meeting on DPRK nuke test in Tokyo  
You are here: 　 Home

Roundup: Hong Kong stocks close 0.89 pct lower

Xinhua, January 12, 2016 Adjust font size:

Hong Kong stocks moved down 176.74 points, or 0.89 percent, to close at 19,711.76 points on Tuesday.

The benchmark Hang Seng Index traded between 19,694.99 and 20,130.80. Turnover totaled 77.20 billion HK dollars (about 9.96 billion U.S. dollars).

The Hang Seng China Enterprises Index fell 0.77 percent, or 65.85 points, to close at 8,439.31 points.

All of the four sub-indices lost ground. The Commerce & Industry sub-index fell the most at 1.17 percent, followed by the Properties at 1.05 percent, the Finance at 0.66 percent, the Utilities at 0.5 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 0.26 percent to close at 56.5 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, lowered 1.01 percent to close at 24.45 HK dollars. Local bourse operator HKEX shed 1.37 percent to 179.6 HK dollars.

Local developers moved down. Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed at 89.8 HK dollars, down 0.27 percent. Henderson Land sank 2.38 percent to 43 HK dollars. CKH Holdings closed down 0.97 percent to 97 HK dollars.

Mainland-based financial stocks closed lower. Bank of China lost 0.32 percent to close at 3.11 HK dollars. China Construction Bank fell 0.61 percent to 4.89 HK dollars. Industrial and Commercial Bank of China, the nation's largest lender, dropped 1.42 percent to 4.16 HK dollars.

As for oil shares, CNOOC tumbled 3.28 percent to close at 7.07 HK dollars. China's top refiner Sinopec fell 0.94 percent to 4.2 HK dollars. PetroChina, the country's largest oil and gas producer, dived 1.34 percent to 4.39 HK dollars. (1 U.S. dollar equals to 7.75 HK dollars) Endit