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HK stocks end up 0.71 pct

(Xinhua)

19:15, February 20, 2013

HONG KONG, Feb. 20 (Xinhua) -- Hong Kong stocks closed up 163. 50 points, or 0.71 percent, at 23,307.41 on Wednesday.

The benchmark Hang Seng Index traded between 11,690.29 points and 11,544.23 points during the day's session. Turnover totaled 65. 59 billion HK dollars (about 8.46 billion U.S. dollars), slightly up from Tuesday's 65.11 billion HK dollars.

China Enterprises Index moved up 157.34 points, or 1.37 percent, to end at 11,683.04 points.

Three of the four sub-indices gained ground, with the Finance sub-index rising the most at 0.9 percent, followed by the Commerce & Industry at 0.76 percent, the Utilities at 0.46 percent, while the Properties slid 0.19 percent.

Banking giant HSBC edged up 0.06 percent to close at 86.50 HK dollars. China Mobile, China's dominant mobile carrier went up 0. 88 percent at 85.95 HK dollars.

Mainland lenders listed in Hong Kong moved up. ICBC, China's largest bank by market value, rose 1.25 percent to close at 5.67 HK dollars; CCB, the country's second largest lender by market capitalization, gained 1.72 percent at 6.50 HK dollars; BOC, one of the "big four", surged 2.15 percent at 3.80 HK dollars.

For local property developers, Sun Hung Kai, HK's largest property developer by market value, ended up 0.41 percent at 122. 40 HK dollars; Cheung Kong properties, owned by billionaire Li Ka- shing, lowered 0.89 percent to 122.20 HK dollars.

PetroChina, the country's largest oil and gas producer rose 2. 87 percent to 10.74 HK dollars. Sinopec, China's top refiner, ended up 0.45 percent to 8.88 HK dollars. CNOOC rose 0.38 percent to 15.72 HK dollars.

China Life, one of the world's largest life insurers by market value, added 0.21 percent at 23.80 HK dollars. Ping An, another Chinese insurer, went up 0.61 percent to 66.10 HK dollars.(1 U.S. dollar = 7.754 HK dollars)

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