Hong Kong stocks close up 0.14%

18:06, February 02, 2010      

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Hong Kong stocks moved up 28.43 points, or 0.14 percent, to close at 20,272.18 on Tuesday.

The benchmark Hang Seng Index opened 0.93 percent higher at 20, 432.96 on Tuesday. It traded between 20,181.28 and 20,533.96 during the day's session.

Turnover totaled 62.44 billion HK dollars (8.05 billion U.S. dollars), compared with Monday's 67.13 billion HK dollars (8.67 billion U.S. dollars).

The Hang Seng China Enterprises Index fell 51.29 points, or 0. 44 percent, to close at 11,570.35.

The four sub-indices closed mixed. Both the properties and the commerce and industry rose, gaining 0.76 percent and 0.65 percent respectively. The utilities edged down 0.17 percent and the finance fell 0.31 percent.

Market heavyweight HSBC edged up 0.83 percent, to close at 84. 55 HK dollars and its local unit Hang Seng Bank closed up 0.27 percent at 109.6 HK dollars. China Mobile rose 0.94 percent to 75. 45 HK dollars.

Chinese mainland lenders mostly ended down. Bank of China went down 0.27 percent to 3.75 HK dollars. China Construction Bank fell 1.48 percent to 6 HK dollars and ICBC fell 1.21 percent to 5.7 HK dollars. Bank of Communications rose 0.13 percent to 7.83 HK dollars.

As for local developers, Cheung Kong, the flagship of Hong Kong 's richest man Li Ka-shing, rose 0.64 percent, at 94.35 HK dollars. SHK Properties, the leading residential housing developer in Hong Kong, ended 0.79 percent higher at 102.3 HK dollars. Henderson Land added 0.79 to 50.9 HK dollars.

PetroChina increased 0.91 percent to 8.84 HK dollars, offshore oil producer CNOOC gained 1.08 percent to 11.26 HK dollars. Sinopec went up 0.98 percent to 6.19 HK dollars.

Li & Fung lost 1.12 percent to 35.35 HK dollars. China Life lost 1.44 percent to 34.3 HK dollars.

Source: Xinhua
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