Hong Kong stocks close up 0.39%

Hong Kong stocks closed up 0.39 percent on Friday. The benchmark Hang Seng Index moved up 92.2 points to close at 23,881.29 points, after trading between a day high of 23,912.29 points and a day low of 23,809.71 points. Turnover shrank to 48.12 billion HK dollars (6.21 billion U.S. dollars) from Thursday's 63.34 billion HK dollars. The H-Share Index moved up 55.98 points, or 0.49 percent, to end at 11,441.27 points. Banking giant HSBC ended down 0.06 percent at 86.6 HK dollars. China Mobile, China's dominant mobile carrier ended up 1.09 percent at 83.5 HK dollars. For Mainland lenders listed in Hong Kong, ICBC, China's largest bank by market value, edged up 0.36 percent at 5.57 HK dollars; CCB, the country's second largest lender by market capitalization, ended up 0.48 percent at 6.28 HK dollars; BOC, one of the "big four", ended up 0.81 percent at 3.75 HK dollars. For local property developers, Sun Hung Kai, HK's largest property developer by market value, ended flat at 99.55 HK dollars; Cheung Kong properties, owned by billionaire Li Ka-shing, edged down 0.89 percent to close at 122.6 HK dollars. PetroChina, the country's largest oil and gas producer ended up 0.77 percent at 9.17 HK dollars. Sinopec, China's top refiner, ended flat at 6.66 HK dollars. China Life, one of the world's largest life insurers by market value, ended up 0.4 percent at 25 HK dollars (1 U.S. dollar equals to 7.75 HK dollar).