HK Hot Stocks: Construction Bank up, China Life down

HONG KONG, April 28 (Reuters) - Here are some stocks on the
move in Hong Kong on Monday.

As of 0240 GMT, the blue-chip Hang Seng Index .HSI had
edged up 0.55 percent to 25,663.51 points.

Th China Enterprises Index of Hong Kong-listed mainlnd
companies .HSCE, or H shares, was up 0.22 percent at 14,253.34.

STOCKS ON THE MOVE:

* China Construction Bank (0939.HK: Quote, Profile, Research, Stock Buzz), the country's
second-biggest lender by assets, climbed 3.11 percent to HK$6.97
after it posted a net profit of 32.1 billion yuan ($4.6 billion)
in the first quarter of 2008, based on international accounting
standards.

The state-controlled bank did not publish figures for the
three months to end-March last year and gave no comparisons in
the statement it issued late on Friday to the Hong Kong stock
exchange.

It made a profit of 12 billion yuan in the fourth quarter of
2007, according to Reuters calculations. [ID:nHKG244879]
Shares in Bank of Communications (3328.HK: Quote, Profile, Research, Stock Buzz), China's
fifth-largest lender, rose 2.33 percent to HK$11.40 ahead of its
first-quarter earnings report on Tuesday.
* Shares in cell phone maker Foxconn International (2038.HK: Quote, Profile, Research, Stock Buzz)
gained 2.12 percent to HK$11.56 after client Samsung Electronics
(005930.KS: Quote, Profile, Research, Stock Buzz), the world's top maker of memory chips, beat
forecasts with a 37 percent rise in quarterly profit last week on
stellar performances in flat screens and mobile phones.
[ID:nSEO162142]

* Shares in China's top life insurer, China Life Insurance Co
(2628.HK: Quote, Profile, Research, Stock Buzz)(LFC.N: Quote, Profile, Research, Stock Buzz), fell 2.8 percent to HK$32.85 after the company
reported a 61 percent fall in first-quarter profits, according to
Chinese accounting standards.

China Life on Sunday posted first-quarter earnings of 3.47
billion yuan ($495 million) versus 8.89 billion yuan net profit
in the year ago period, dented by poor investment performance.

For result details please read [ID:nHKG334343].

China Life's smaller competitor, Ping An (2318.HK: Quote, Profile, Research, Stock Buzz) slid 1.8
percent to HK$70.50.

* Top Asian oil refiner Sinopec Corp (0386.HK: Quote, Profile, Research, Stock Buzz)(SNP.N: Quote, Profile, Research, Stock Buzz) fell
1.7 percent to HK$8.14 after it posted a 69 percent fall in
first-quarter net profit on Sunday, lagging forecasts as soaring
crude oil prices pushed its refining business into a deep loss.

Sinopec said it made a net profit of 6.06 billion yuan ($865
million) in the three months ended March, versus a slightly
revised 19.6 billion a year earlier. [ID:nSP330549]
(US$1=HK$7.8)

(Reporting by Joseph Chaney; Editing by Anne Marie Roantree)