Hong Kong stocks close 0.39% higher

HONG KONG -- Hong Kong stocks closed up 76.64 points, or 0.39 percent, at 19,559.21 on Monday.The benchmark Hang Seng Index traded between 19,608.55 and 19,386.04 during the day's session.

Turnover totaled HK$38.92 billion (about $5.02 billion), compared with Friday's HK$39.43 billion.

The China Enterprises Index rose 7.26 points, or 0.08 percent, to end at 9,287.51 points.

Market heavyweight China Mobile rose 0.48 percent to HK$83.20. Banking giant HSBC gained 0.67 percent at HK$67.55. Its local unit Hang Seng Bank rose 0.45 percent at HK$110.90.

Mainland lenders went up. ICBC, China's largest bank by market value, ended flat at HK$4.20. CCB, the country's second largest lender by market capitalization, also closed flat at HK$5.10. BOC, one of the "Big Four," moved up 0.35 percent to HK$2. 83.

China Life, one of the world's largest life insurers by market value, added 0.96 percent at HK$20.95. Another major Chinese insurer Ping An lost 0.8 percent at HK$55.55.

As for local property developers, Sun Hung Kai, HK's largest property developer by market value, added 1.19 percent to close at HK$101.80. Cheung Kong properties, owned by billionaire Li Ka-shing, increased 1.33 percent to HK$106.90. Another major developer Henderson Land jumped 2.94 percent to HK$49.10.

PetroChina, the country's largest oil and gas producer ended flat at HK$9.35. Sinopec, China's top refiner, closed flat at HK$7.3. CNOOC added 0.14 percent at HK$14.70.