Markets > Stocks

Hong Kong stocks close 0.83 pct higher

HONG KONG
2015-06-11 17:47

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Hong Kong stocks closed up 220. 21 points, or 0.83 percent to 26,907.85 points on Thursday, after fluctuating between 26,839.43 and 26,991.51.

The Hang Seng China Enterprises Index moved up 126.58 points, or 0.93 percent, to close at 13,743.25 points.

All of the four sub-indices gained ground. The Properties sub- index rose the most at 1.15 percent, both the Finance and the Commerce ' Industry gained 0.8 percent, while the Utilities edged up 0.09 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, gained 0.4 percent to 73.15 HK dollars.

Bank of East Asia, one of the largest local banks in Hong Kong, closed flat at 34.35 HK dollars.

Local bourse operator HKEX moved up 0.2 percent to 286.2 HK dollars. China Mobile, China's dominant mobile carrier, rose 2.35 percent to 100.1 HK dollars. China Unicom, another Chinese telecom giant, moved up 0.15 percent to 12.78 HK dollars.

Local property stocks closed up. Sun Hung Kai, one of Hong Kong 's largest property developer by market value, grew 0.47 percent to 125.9 HK dollars. Henderson Land increased 1.04 percent to 53. 05 HK dollars. CKH Holdings rose 0.27 percent to 110.9 HK dollars.

Mainland-based financial stocks closed up. Bank of China grew 1. 15 percent to close at 5.25 HK dollars. China Construction Bank climbed 0.65 percent to 7.68 HK dollars. Bank of Communication went up 0.99 percent to 8.14 HK dollars. ICBC gained 1.07 percent to 6.58 HK dollars.

As for energy stocks, China's top refiner Sinopec rose 0.31 percent to 6.39 HK dollars. PetroChina, the country's largest oil and gas producer, closed flat at 8.82 HK dollars. CNOOC moved up 0. 86 percent to 11.68 HK dollars.

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