HK stocks end down 0.02% as CNOOC loses

HONG KONG -- Hong Kong stocks fell slightly on Tuesday, as CNOOC lost 3 percent after its first half net profit fell more than the market expectation.

The benchmark Hang Seng Index moved down 0.02 point to close at 20,100.09 points, after trading between a day high of 20,141.16 points and a day low of 19,979.58 points.

Turnover expanded to HK$42.97 billion ($5.54 billion) from Monday's HK$37.89 billion.

The H-Share Index moved up 84.64 points, or 0.65 percent, to end at 13,106.48 points.

Banking giant HSBC ended up 0.07 percent to close at HK$69.15. China Mobile, China's dominant mobile carrier, ended up 0.61 percent at HK$82.85.

Mainland lenders listed in Hong Kong gained. ICBC, China's largest bank by market value, edged up 0.45 percent to close at HK$4.47; CCB, the country's second largest lender by market capitalization, increased 0.19 percent to close at HK$5.36; BOC, one of the "big four", ended up 0.34 percent to close at HK$2.99.

For local property developers, Sun Hung Kai, HK's largest property developer by market value, ended flat at HK$101.7; Cheung Kong properties, owned by billionaire Li Ka-shing, edged down 0.46 percent to HK$109.

PetroChina, the country's largest oil and gas producer moved down 0.3 percent to HK$9.86. Sinopec, China's top refiner, ended down 0.94 percent to HK$7.42.

China Life, one of the world's largest life insurers by market value, ended up 0.47 percent at HK$21.6.

The best-performing blue chips in the day is food and beverage giant Tingyi Holdings, which soared 6 percent to close at HK$22.1, while the worst-performing one is CNOOC, the HK-listed unit of China's National Offshore Oil Corporation, which edged down 2.96 percent to HK$15.1.