Roundup: Hong Kong stocks close 2.52 pct higher

Hong Kong stocks rose 475.4 points, or 2.52 percent, to close at 19,364.15 points on Friday.

The benchmark Hang Seng Index traded between 19,122.56 and 19,436.71. Turnover totaled 62.47 billion HK dollars (about 8.04 billion U.S. dollars).

The Hang Seng China Enterprises Index rose 2.06 percent, or 162.36 points, to close at 8,034.30 points.

All of the four sub-indices gained ground. The Commerce & Industry sub-index rose the most at 2.70 percent, followed by the Properties at 2.60 percent, the Finance at 2.42 percent, the Utilities at 1.81 percent.

Energy shares rallied. Petro China, China's largest oil and gas producer, gained 4.66 percent to close at 5.17 HK dollars, CNOOC rose 4.87 percent to 8.19 HK dollars, while Sinopec gained 5.73 percent to 4.43 HK dollars.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 3.77 percent to close at 49.55 HK dollars.

Bank of East Asia, one of the largest local banks, gained 3.33 percent to close at 24.85 HK dollars. Local bourse operator HKEX ended 2.97 percent higher at 173.3 HK dollars.

Tingyi soared 7.49 percent to 7.61 HK dollars, leading the rally of blue chips.

Local developers closed higher. Sun Hung Kai, one of Hong Kong's largest property developers by market value, closed at 88 HK dollars, up 2.80 percent. Henderson Land rose 1.94 percent to 41.95 HK dollars. CKH Holdings advanced 1.49 percent to 95.1 HK dollars.

Mainland-based financial stocks went up. Bank of China rose 1.73 percent to close at 2.94 HK dollars. China Construction Bank closed 1.10 percent higher at 4.58 HK dollars.

Industrial and Commercial Bank of China, the nation's largest lender, moved up 0.78 percent to 3.87 HK dollars. Endit