HK Hot Stocks: China Railway, resource plays advance

HONG KONG, March 14 (Reuters) - Here are some stocks on the move in Hong Kong on Friday:

As of 0234 GMT, the blue-chip Hang Seng Index .HSI was up 1.2 percent, in line with opening levels.

The index opened up 1.1 percent at 22,536.12.

STOCKS ON THE MOVE:

* China Railway Construction (1186.HK) rose 2 percent to HK$12.24, a day after disappointing investors by finishing up 12 percent on its market debut.

* Oil producers chase record crude prices and gold plays go for record gold

PetroChina (0857.HK) rose 2.2 percent to HK$10.34 and CNOOC Ltd (0883.HK) advanced 2.9 percent to HK$12.74.

Zijin Mining leapt 3.2 percent to HK$9.68 and Lingbao Gold (3330.HK) climbed 2.5 percent to HK$4.55.

* Hong Kong utilities rise as safe havens gain sway

HK Gas and Electric (0003.HK) shot up 3.7 percent to HK$22.6 and Hongkong Electric (0006.HK) gained 2.5 percent to HK$47.65.

* TV maker TCL Multimedia (1070.HK) dived 8.9 percent to HK$0.41. The company said its 2007 loss was HK$252 million versus HK$2.5 billion a year ago. (Reporting by Rita Chang; editing by Anne Marie Roantree)