HK Hot Stocks-Sinopec extends gains,Sinotrans jumps

HONG KONG, June 18 (Reuters) - By 0219 GMT, the Hang Seng Index .HSI had given up 13.66 points to stand at 23,044.33. It opened 0.24 percent higher.

The China Enterprises Index .HSCE was also little changed at 12,554.47.

Here are some stocks on the move in early trade.

* Sinopec Corp (0386.HK) added to its recent rally, rising 2.2 percent after crude oil prices fell below $134 per barrel in Asian trade on Wednesday.

* New listing Shandong Chenming Paper Holdings Ltd (1812.HK) fell 13.8 percent to HK$7.75 after it raised $410 million in its Hong Kong initial public offering.

* Hong Kong's largest property developer, Sun Hung Kai Properties (0016.HK), climbed 2.2 percent after Goldman Sachs upgraded the company to buy from neutral amid a 31 percent drop in its share price this year.

* Sinotrans Ltd (0598.HK) jumped 4.6 percent after it said its parent, Sinotrans Group, was considering a merger with China Yangtze Transportation (Group) Corp. (Reporting by Parvathy Ullatil; Editing by Anne Marie Roantree)