HONG KONG, Mar 27, 2012 (Xinhua via COMTEX) -- Hong Kong stocks rose 1.83 percent on Tuesday following overnight rallies on Wall Street and in Europe. The benchmark Hang Seng index closed up 378.05 points, or 1.83 percent, to end at 21,046.91 points, after trading between a day low of 20,896.19 and a day high of 21,063.38 points. Turnover totaled 55.12 billion HK dollars (about 7.09 billion U. S. dollars) compared with Monday's 44.29 billion HK dollars. The Hang Seng China Enterprises Index added 219.55 points, or 2. 07 percent, to close at 10,811.07. All the four sub-indices gained ground. The Properties sub- index added 2.98 percent, the Finance went up 2.15 percent, the Commerce and Industry added 1.34 percent and the Utilities ended 0. 83 percent higher. Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, added 2.25 percent to close at 70.4 HK dollars, and its local unit Hang Seng Bank moved up 1.74 percent to 105.1 HK dollars. Bank of East Asia, another Hong Kong's major bank, gained 1.21 percent to 29.2 HK dollars. Local bourse operator Hong Kong Exchanges & Clearing rose 1.90 percent to 134.3 HK dollars. Mainland-based financial stocks also gained. China Construction Bank, the country's second largest bank which accounts for the third largest weighting of the Hang Seng Index, rose 2.53 percent to 6.07 HK dollars. ICBC,The world's largest bank by market value, went up 1.81 percent at 5.06 HK dollars. Bank of China gained 2.26 percent at 3.17 HK dollars. Bank of Communications, China's fifth biggest lender measured by assets, added 1.21 percent to 5.85 HK dollars. As for Hong Kong developers, Hang Lung Properties rose 0.89 percent to 28.35 HK dollars. Henderson Land, another major developer in Hong Kong, added 1.44 percent to 45.7 HK dollars, and Cheung Kong Holding, a powerful HK-based developer controlled by billionaire Li Ka-shing, went up 2.12 percent to 105.9 HK dollars. China's top refiner Sinopec rose 0.80 percent to 8.84 HK dollars. PetroChina, the country's largest oil and gas producer, added 1.62 percent to 11.3 HK dollars. CNOOC, the HK-listed unit of China's National Offshore Oil Corp., went up 1.82 percent to 16. 78 HK dollars. Sino Land was the best-performing blue chip in the day, with its shares rising 6.34 percent to 13.42 HK dollars. HK-based Esprit, a clothing retailer which heavily relies on wholesale operations in Europe, was the worst-performing blue chip in the day, with its shares falling 1.60 percent to 16.02 HK dollars. (1 U.S. dollar equals to 7.77 HK dollars)

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