|A pedestrian walks past an electronic board showing the Hang Seng Index in Hong Kong, south China, Jan. 2, 2013. Hong Kong's benchmark Hang Seng Index increased 655.06 points to close at 23,311.98 points on the first trading day of 2013. (Xinhua/Wong Pun Keung)|
HONG KONG, Jan. 2 (Xinhua) -- Hong Kong stocks soared 2.89 percent on Wednesday, the first trading day of 2013. The benchmark Hang Seng index closed up 655.06.81 points to end at 23,311.98 points, after trading between 23,317.39 and 22,860.25. Turnover totaled 82.44 billion HK dollars (about 10.63 billion U.S. dollars) .
The Hang Seng China Enterprises Index rose 461.50 points, or 4. 04 percent, to close at 11,897.66.
All four sub-indices gained ground, with the Finance sub-indice rising the most by 3.34 percent, followed by the Commerce and Industry as well as the Properties, both gaining 2.62 percent. The Utility rose 1.27 percent.
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, gained 2.34 percent to 83.2 HK dollars, while its local unit Hang Seng Bank ended 0.67 percent higher at 119.50 HK dollars. Local bourse operator HKEX soared 7.58 percent to 141. 90 HK dollars.
Local developers Hang Lung Properties increased 0.49 percent to 30.95 HK dollars. Henderson Land, another major developer in Hong Kong, rose 2.93 percent to 56.3 HK dollars, and Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, closed up 2.35 percent to 121.80 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, moved up 3.38 percent at 6.43 HK dollars. ICBC, the world's largest bank by market value, gained 3.64 percent at 5.7 HK dollars. Bank of China advanced 3.47 at 3.58 HK dollars. Bank of Communications, China's fifth biggest lender measured by assets, increased 4.11 percent to 6.08 HK dollars.
As for energy stocks, China's top refiner Sinopec gained 3.19 percent to 9.06 HK dollars. PetroChina, the country's largest oil and gas producer, closed 1.82 percent higher at 11.18 HK dollars. (1 U.S. dollar equals 7.752 HK dollars)