HK Hot Stocks - Refiners,airlines rise;Li Ning jumps

R HONG KONG, Aug 11 (Reuters) -At 0220 GMT, the Hang Seng Index .HSI was up 1 percent at 22,110.06.

The China Enterprises Index .HSCE of top locally listed Chinese firms was 0.7 percent higher. Here are some stocks on the move in early trade-

*Asia's largest refiner Sinopec Corp (0386.HK) jumped 2.2 percent after crude oil prices plunged below $115 per barrel on Friday, buckling under a stronger U.S. dollar.

Crude topped $116 per barrel on Monday with the ongoing violence in the Caucasus seen threatening supply.

Cathay Pacific (0293.HK) rose 2.0 percent with retreating oil prices seen lowering the company's fuel bills.

*Athletic shoe-maker Li Ning (2331.HK) rose 2.2 percent after its chairman lit the cauldron at the Olympic opening ceremony finale.

The stock had rallied 3.7 percent on Friday amid talk that China's star gymnast and chairman of the eponymous company would play a key role at the Olympic opening ceremony.

(Reporting by Parvathy Ullatil; Editing by Ken Wills)