Hong Kong stocks fell 71.90 points, or 0.33 percent, to close on Monday at 21,996.42. The benchmark Hang Seng Index traded between 21,907.35 and 22,195.25. Turnover totaled 100.66 billion HK dollars (about 12.94 billion U.S. dollars). The Hang Seng China Enterprises Index moved down 65.02 points, or 0.66 percent, to close at 9,790.64 points.
Three sub-indices lost ground, with the Utilities sub-index falling the most by 0.86 percent, followed by the Utilities 0.64 percent and the Properties 0.17 percent. The Commerce and Industry rose 0.07 percent. Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, fell 0.3 percent to 61.80 HK dollars.
Bank of East Asia, one of the largest local banks in Hong Kong, slid 0.4 percent to close at 27.70 HK dollars. Local bourse operator HKEX fell 0.9 percent to 202.00 HK dollars. China Mobile, China's dominant mobile carrier, went down 0.8 percent to 88.10 HK dollars.
China Unicom, another Chinese telecom giant, retreated 0.7 percent to 9.60 HK dollars.
Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed down 1.0 percent to 95.30 HK dollars. Henderson Land ended 0.5 percent lower at 47.75 HK dollars.
Mainland-based financial stocks ended mixed. Bank of China went down 0.3 percent to 3.44 HK dollars. China Construction Bank lost 0.6 percent to 5.33 HK dollars. ICBC closed flat at 4.69 HK dollars. As for energy stocks, China's top refiner Sinopec moved down 0.2 percent to 4.75 HK dollars. PetroChina, the country's largest oil and gas producer, retreated 0.5 percent to 5.51 HK dollars. (1 U.S. dollar = 7.75 HK dollars)
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