Hong Kong stocks ended lower on Thursday, with the benchmark Hang Seng index falling 350.94 points, or 1.27 percent to end at 27,289.97 points. Turnover totaled 161. 64 billion HK dollars (about 20.83 billion U.S. dollars).
The Hang Seng China Enterprises Index fell 228.88 points, or 1. 64 percent, to close at 13,768.47.
Three sub-indices lost ground, with the Commerce and Industry sub-index falling the most by 2.17 percent, followed by the Properties 1.79 percent and the Finance 0.56 percent.
The Utility rose 0.04 percent.
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 0.4 percent at 74.75 HK dollars, while its local unit Hang Seng Bank rose 0.3 percent to 153.80 HK dollars.
Local bourse operator HKEX slid 1.0 percent at 280.20 HK dollars.
Local developers Hang Lung Properties closed down 1.2 percent to 25.05 HK dollars. Henderson Land, another major developer in Hong Kong, dropped 0.3 percent to 61.75 HK dollars, and Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, lost 2.5 percent to 161.20 HK dollars.
As for mainland-based financial stocks, China Construction Bank, the country's second largest bank which accounts for the third largest weighting of the Hang Seng Index, went down 1.5 percent to 7.28 HK dollars. ICBC, the world's largest bank by market value, was down 1.1 percent to 6.42 HK dollars. Bank of China closed retreated 1.6 percent to 5.04 HK dollars.
PetroChina, the country's largest oil and gas producer, ended down 2.8 percent to 9.58 HK dollars. (1 U.S. dollar equals 7.761 HK dollars)
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