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Hong Kong stocks close 0.17 pct lower

HONG KONG
2015-12-15 17:09

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Hong Kong stocks fell 35.48 points, or 0.17 percent, to close on Tuesday at 21,274.37 points. The benchmark Hang Seng Index traded between 21,215.54 and 21,442.21. Turnover totaled 67.11 billion HK dollars (about 8.66 billion U.S. dollars).

The Hang Seng China Enterprises Index moved up 0.3 percent, or 28.16 points, to close at 9,344.07 points. Three sub-indices lost ground, with the Finance sub-index falling the most by 0.29 percent, followed by the Properties 0.21 percent and the Finance 0.05 percent. The Utilities closed up 0.22 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, fell 0.93 percent to 58.9 HK dollars. Bank of East Asia, one of the largest local banks in Hong Kong, slid 1.33 percent to close at 25.95 HK dollars. Local bourse operator HKEX dipped 0.15 percent to 195.3 HK dollars. China Mobile, China's dominant mobile carrier, went down 0.06 percent to 87.8 HK dollars. China Unicom, another Chinese telecom giant, added 2.18 percent to 9.36 HK dollars. Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed down 0.37 percent to 93.5 HK dollars. Henderson Land ended 0.64 percent lower at 46.3 HK dollars.

Mainland-based financial stocks closed mixed. Industrial and Commercial Bank China, the country's biggest lender, went down 0.22 percent to 4.47 HK dollars. China Construction Bank edged up 0.58 percent to 5.16 HK dollars. As for energy stocks, China's largest oil and gas producer PetroChina gained 0.59 percent to 5.05 HK dollars. Sinopec, the country's largest oil and gas producer, added 0.46 percent to 4.37 HK dollars. (1 U.S. dollar = 7.75 HK dollars)

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