Hong Kong stocks fell 101.37 points, or 0.46 percent, to close on Wednesday at 21,803.76. The benchmark Hang Seng Index traded between 21,755.69 and 21,872.33. Turnover totaled 65.99 billion HK dollars (about 8.48 billion U.S. dollars).
The Hang Seng China Enterprises Index moved down 102.11 points, or 1.06 percent, to close at 9,558.76 points. Three sub-indices lost ground, with the Finance sub-index falling the most by 0.95 percent, followed by the Utilities 0.49 percent and the Properties 0.33 percent. The Commerce and Industry rose 0.09 percent.
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, fell 1.0 percent to 60.25 HK dollars. Bank of East Asia, one of the largest local banks in Hong Kong, slid 1.8 percent to close at 27.00 HK dollars.
Local bourse operator HKEX fell 2.6 percent to 198.30 HK dollars. China Mobile, China's dominant mobile carrier, went down 0.1 percent to 89.55 HK dollars. China Unicom, another Chinese telecom giant, retreated 1.1 percent to 9.16 HK dollars.
Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed down 1.0 percent to 94.60 HK dollars. Henderson Land ended 1.7 percent lower at 47.05 HK dollars.
Mainland-based financial stocks ended lower. Bank of China went down 1.5 percent to 3.36 HK dollars. China Construction Bank lost 1.1 percent to 5.21 HK dollars. ICBC closed down 1.7 percent to 4.55 HK dollars. As for energy stocks, China's top refiner Sinopec moved up 0.2 percent to 4.56 HK dollars. PetroChina, the country's largest oil and gas producer, retreated 1.3 percent to 5.23 HK dollars. (1 U.S. dollar = 7.75 HK dollars)
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