Hong Kong stocks end 0.65% higher

Hong Kong stocks rose 141.81 points, or 0.65 percent, to close at 22,005.32 points on Monday. The benchmark Hang Seng Index traded between 22,116.00 and 21, 898.15. Turnover totaled 47.35 billion HK dollars (about 6.1 billion U.S. dollars). The Hang Seng China Enterprises Index rose 1.44 percent, or 142. 74 points, to close at 10,075.09. All of the four major sub-indices gained ground, with the Commerce & Industry sub-index rising the most at 0.77 percent, followed by the Finance at 0.68 percent, the Properties at 0.28 percent and the Utilities at 0.16 percent. Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, added 0.48 percent to close at 84.10 HK dollars. Hang Seng Bank, a local unit of HSBC, jumped 1.07 percent to close at 122.40 HK dollars. Local bourse operator HKEX rose 0. 98 percent to end at 123.60 HK dollars. Local developers ended mixed. Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, closed flat at 108.90 HK dollars. SHK Properties went up 0.3 percent to end at 100.40 HK dollars. Henderson Land, another major developer in Hong Kong, dropped 0.63 percent to 47.10 HK dollars. Industrial and Commercial Bank of China, the world's largest bank by market value, gained 0.97 percent to close at 5.19 HK dollars. China Construction Bank, the country's second largest lender, added 0.69 percent at 5.83 HK dollars and Bank of China gained 0.91 percent to 3.34 HK dollars. PetroChina, the nation's biggest oil refiner, surged 0.76 percent to 8.65 HK dollars. Sinopec, the biggest oil producer, gained 1.9 percent to end at 5.83 HK dollars.