Hong Kong stocks moved up 36.12 points, or 0.17 percent, to close at 21,791.68 points on Monday. The benchmark Hang Seng Index traded between 21,641.17 and 21,871.22. Turnover totaled 59.88 billion HK dollars (about 7.72 billion U.S. dollars).
The Hang Seng China Enterprises Index rose 1.17 percent, or 112.58 points, to close at 9,746.99 points. Three of the four sub-indices gained ground. The Finance sub-index rose the most at 0.39 percent, followed by the Utilities at 0.11 percent, the Properties at 0.02 percent, while the Commerce & Industry edged down 0.06 percent. Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, lowered 0.65 percent to 61.1 HK dollars. Bank of East Asia, one of the largest local banks in Hong Kong, closed flat at 27.15 HK dollars.
Local bourse operator HKEX rose 1.05 percent to 201 HK dollars. Local developers moved down in general. Sun Hung Kai, one of Hong Kong's largest property developer by market value, closed at 94.05 HK dollars, slightly down 0.63 percent. Henderson Land lost 0.1 percent at 47.7 HK dollars. CKH Holdings closed flat at 103 HK dollars.
Mainland-based financial stocks closed up. Bank of China increased 0.58 percent to close at 3.47 HK dollars. China Construction Bank grew 0.94 percent to 5.34 HK dollars. Industrial and Commercial Bank of China, the nation's largest lender, gained 1.06 percent at 4.73 HK dollars.
As for oil shares, CNOOC climbed 0.12 percent to close at 7.86 HK dollars. China's top refiner Sinopec lowered 0.64 percent to 4.59 HK dollars. PetroChina, the country's largest oil and gas producer, rose 0.78 percent to 5.13 HK dollars. (1 U.S. dollar equals to 7.75 HK dollars)
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