Roundup: HK stocks close 1.55 pct higher

Hong Kong stocks rebounded on Tuesday, closing up 356.85 points, or 1.55 percent, to 23,394.39 points, tracking gains on Mainland markets.

The benchmark Hang Seng Index traded between 23,130.20 and 23,402.89. Turnover totaled 59.9 billion HK dollars (about 7.72 billion U.S. dollars).

The Hang Seng China Enterprises Index rose 179.12 points, or 1.88 percent, to close at 9,720.20.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 1.63 percent to close at 59 HK dollars. Local bourse operator HKEX went up 0.98 percent to 205.4 HK dollars.

As for other heavyweights, China Mobile surged 1.24 percent to 93.3 HK dollars, Tencent climbed 1.72 percent to 212.4 HK dollars. Local airline Cathay Pacific moved up 0.96 percent to close at 10.44 HK dollars.

CKH Holdings, a powerful HK-based developer controlled by billionaire Li Ka-shing, added 1.38 percent to 55.05 HK dollars.

Mainland-based financial stocks rose. Bank of China surged 2.33 percent to 3.5 HK dollars. Bank of Communications rose 1.73 percent to 5.85 HK dollars. China Construction Bank rose 1.77 percent to 5.74 HK dollars. ICBC gained 1.92 percent to 4.77 HK dollars.

As for energy stocks, PetroChina added 1.5 percent to 5.39 HK dollars. CNOOC gained 2.34 percent to 10.48 HK dollars. Sinopec added 2.28 percent to 5.83 HK dollars. (1 U.S. dollar equals 7.75 HK dollars) Endit