Hong Kong stocks rose 448.26 points, or 2 percent, to close at 22,888.17 on Thursday. The benchmark Hang Seng Index traded between 22,567.65 and 22,940.25. Turnover totaled 90.77 billion HK dollars (11.71 billion U.S. dollars). The Hang Seng China Enterprises Index moved up 218.51 points, or 2.11 percent, to close at 10,552.93 points. All of the four sub-indices gained ground.
The Commerce & Industry sub-index rose the most at 2.25 percent, followed by the Finance at 1.92 percent, the Properties at 1.83 percent, the Utilities at 1.09 percent. Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, added 0.89 percent to 62.2 HK dollars.
Bank of East Asia, one of the largest local banks in Hong Kong, gained 2.47 percent to close at 28.95 HK dollars. Local bourse operator HKEX surged 4.42 percent to 205.4 HK dollars. China Mobile, China's dominant mobile carrier, grew 2.74 percent to 93.7 HK dollars.
China Unicom, another Chinese telecom giant, fell 2.76 percent to 10.54 HK dollars. Local property stocks went up in general. Sun Hung Kai, one of Hong Kong's largest property developer by market value, rose 1.56 percent to 103.9 HK dollars.
Henderson Land increased 2.26 percent to 49.75 HK dollars. CKH Holdings grew 1.6 percent to 107.7 HK dollars. Mainland-based financial stocks moved up. Bank of China went up 2.49 percent to 3.7 HK dollars.
China Construction Bank gained 1.96 percent to 5.7 HK dollars. Bank of Communication moved up 1.57 percent at 5.79 HK dollars. ICBC grew 1.83 percent to 5 HK dollars. As for energy stocks, China's top refiner Sinopec gained 1.61 percent to 5.66 HK dollars.
PetroChina, the country's largest oil and gas producer, rose 2.38 percent to 6.45 HK dollars. CNOOC gained 2.87 percent to 9.32 HK dollars. (1 U.S. dollar = 7.75 HK dollars)
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