HONG KONG, Oct. 9 (Xinhua) -- Hong Kong stocks rose 0.54 percent on Tuesday. The benchmark Hang Seng index closed up 112.72 points to end at 20,937.28 points, after trading between 20,926.83 and 21,093.10. Turnover totaled 50.86 billion HK dollars (about 6. 50 billion U.S. dollars).
The Hang Seng China Enterprises Index rose 127.20 points, or 1.29 percent, to close at 9,967.04.
All sub-indices gained ground, with the Finance and the Commerce and Industry both rising 0.62 percent, followed by the Utility 0.28 percent, and the Properties 0.07 percent.
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, edged up 0.1 percent to 74.10 HK dollars, while its local unit Hang Seng Bank ended 0.1 percent higher at 118.60 HK dollars. Bank of East Asia, another Hong Kong's major bank, closed down 0.2 percent to 29.00 HK dollars. Local bourse operator HKEX climbed 0.7 percent to 117.00 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, gained 0.9 percent at 5.45 HK dollars. ICBC, the world's largest bank by market value, increased 1.5 percent at 4.62 HK dollars. Bank of China was up 0.7 percent to 2.92 HK dollars. Bank of Communications, China's fifth biggest lender measured by assets, jumped 3.4 percent at 5.43 HK dollars.
Local developers Hang Lung Properties rose 0.7 percent to 27.00 HK dollars. Henderson Land, another major developer in Hong Kong, advanced 1.4 percent to 56.05 HK dollars, and Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, added 0.1 percent to 115.40 HK dollars.
As for energy stocks, China's top refiner Sinopec ended up 3.8 percent to 7.64 HK dollars. PetroChina, the country's largest oil and gas producer, moved up 2.1 percent to 10.14 HK dollars. (1 U.S. dollar equals 7.752 HK dollars)
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