HONG KONG, Feb. 27 (Xinhua) -- Hong Kong stocks moved down 78. 77 points, or 0.32 percent, to close on Friday at 24,823.29 points.
The benchmark Hang Seng Index traded between 24,815.03 and 25, 101.96. Turnover totaled 76.55 billion HK dollars (about 9.86 billion U.S. dollars).
The Hang Seng China Enterprises Index ended down 41.90 points, or 0.34 percent, to close at 12,185.85.
Three of the four sub-indices lost ground. The Properties sub- index fell the most at 0.97 percent, followed by the Finance at 0. 29 percent, the Commerce &Industry at 0.22 percent, while the Utilities moved up 0.24 percent.
Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, lost 0.14 percent to 69.80 HK dollars. Bank of East Asia, another major bank in Hong Kong, closed flat at 31.9 HK dollars.
Local bourse operator HKEX moved down 0.5 percent to 179 HK dollars.
Local property shares closed mixed. Sun Hung Kai, one of Hong Kong's largest property developer by market value, fell 1.62 to 121.6 HK dollars. Cheung Kong properties, controlled by billionaire Li Ka-shing, went up 0.33 percent to 153.5 HK dollars. Henderson Land lost 1.58 percent to 53 HK dollars.
As for mainland-based financial stocks, Bank of China lowered 0. 22 percent at 4.46 HK dollars. Bank of Communications lowered 0.15 percent to 6.69 HK dollars. China Construction Bank fell 0.62 HK dollars at 6.45 HK dollars. ICBC fell 0.88 percent at 5.66 HK dollars.
As for energy stocks, China's top refiner Sinopec fell 0.46 percent to 6.5 HK dollars. PetroChina, the country's largest oil and gas producer, dropped 0.22 percent to 9 HK dollars. CNOOC lost 0.18 percent to 11.14 HK dollars (1 U.S. dollar equals 7.76 HK dollars)
