Hong Kong stocks close 0.68 pct lower
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Hong Kong stocks closed down Tuesday tracking losses on Chinese mainland markets, with the weighted index sliding 158.23 points or 0.68 percent to end at 23, 007.99.
The benchmark Hang Seng Index opened 0.19 percent lower at 23, 122.4 and traded between 22,844.53.05 and 23,199.44 during the day 's session. Turnover rose to 101.01 billion HK dollars from Monday 's 66.31 billion HK dollars.
The Hang Seng China Enterprises Index went down 70.68 points or 0.55 percent to close at 12,817.59.
All four sub-indices lost ground. The finance sub-index shed 0. 65 percent, the properties dipped 0.31 percent, the commerce and industry, 0.90 percent, and the utilities, 0.08 percent.
Heavyweight HSBC moved down 1.37 percent to 78.95 HK dollars. China Mobile edged down 1.02 percent to 77.45 HK dollars.
Chinese mainland lenders mostly down, Bank of China fell 0.48 percent to 4.16 HK dollars.China Construction Bank dipped 0.99 percent to 7.01 HK dollars. Bank of Communications down 0.86 percent to 8.11 HK dollars. ICBC gained 1.34 percent to 6.04 HK dollars.
As for local developers, Sino Land added 2.53 percent to 16.24 HK dollars. SHK increased 0.31 percent to 128.4 HK dollars. Henderson Land rose 0.18 percent at 54.75 HK dollars. Cheung Kong, a flagship of Hong Kong led by billionaire Li Ka-shing, was down 1. 96 percent to 114.8 HK dollars.
PetroChina ended 0.31 percent lower at 9.65 HK dollars, offshore oil producer CNOOC gave up 1.87 percent to 16.84 HK dollars. Sinopec down 1.90 percent at 7.23 HK dollars.
Citic Pacific and Esprit plunged 3.42 percent and 2.34 percent to 19.46 HK dollars and 37.55 HK dollars. Li & Fung added up 1.36 percent to 48.4 HK dollars. (7.766 HK dollars =1 U.S. dollar)
