Hong Kong - XINHUA
Hong Kong stocks ended flat Tuesday on worries of global economic growth after Germany's business confidence dropped in September. The benchmark Hang Seng Index moved up 0.02 points to close at 20,698.68 points, after trading between a day high of 20,758.36 points and a day low of 20,648.59 points. Turnover expanded to 39.69 billion HK dollars (5.12 billion US dollars) from Monday's 39.64 billion HK dollars. The H-Share Index moved down 64.34 points, or 0.51 percent, to end at 12,674.86 points. Banking giant HSBC ended up 0.41 percent at 73.75 HK dollars. China Mobile, China's dominant mobile carrier ended up 0.35 percent at 86.3 HK dollars. Mainland lenders listed in Hong Kong lost. ICBC, China's largest bank by market value, edged down 1.32 percent to close at 4.49 HK dollars; CCB, the country's second largest lender by market capitalization, decreased 0.57 percent to close at 5.26 HK dollars; BOC, one of the "big four", ended down 0.34 percent to close at 2.92 HK dollars. For local property developers, Sun Hung Kai, HK's largest property developer by market value, ended down 1.16 percent at 110. 9 HK dollars; Cheung Kong properties, owned by billionaire Li Ka- shing, edged up 0.71 percent to 114.1 HK dollars. PetroChina, the country's largest oil and gas producer moved up 0.2 percent to 10.16 HK dollars. Sinopec, China's top refiner, ended flat to 7.16 HK dollars. China Life, one of the world's largest life insurers by market value, ended up 0.44 percent at 22.65 HK dollars. The best-performing blue chips in the day is HK-based Esprit, a clothing retailer which heavily relies on wholesale operations in Europe, which moved up 4.25 percent to close at 13.26 HK dollars. Citic Pacific, the HK-listed arm of China's largest investment conglomerate CITIC Group, ended down 4.09 percent at 9.4 HK dollars, which is the worst-performing blue chipsEnditem