Hang Seng Enterprises Index adds 0.1 pct to 10,100.95 on Friday

Hong Kong's main Hang Seng index ended Friday firmer, buoyed by tech giant Tencent, but finished down for the week amid global concerns about slowing growth, a possible U.S. government shutdown, and higher interest rates. At the close of trade, the Hang Seng index was up 0.51 per cent at 25,753.42. It ended the week down 1.3 per cent.

The Hang Seng China Enterprises Index added 0.1 per cent on Friday to 10,100.95. The sub-index of the Hang Seng tracking energy shares dipped 1.1 per cent, while the IT sector rose 3.44 per cent, the financial sector ended 0.61 per cent higher and the property sector dipped 1.08 per cent.

Shares of Chinese game developers rallied after media reports of regulatory approvals for some games. Index heavyweight Tencent Holdings Ltd added 4.5 per cent. The top gainer on the Hang Seng was Hengan International Group Company Ltd, which jumped 6 per cent, while the biggest decliner was Sino Land Co Ltd, which fell 2.60 per cent.

China's main Shanghai Composite index closed down 0.79 per cent at 2,516.25 points, while the blue-chip CSI300 index ended down 1.24 per cent. Around the region, MSCI's Asia ex-Japan stock index was weaker by 0.2 per cent, while Japan's Nikkei index closed down 1.11 per cent.

The yuan was quoted at 6.906 per U.S. dollar at 09:11 GMT, 0.33 per cent weaker than the previous close of 6.8835. The top gainers among H-shares were China Tower Corp Ltd, which was up 7.3 per cent, followed by Hengan International Group Co Ltd, which gained 6 per cent and Tencent Holdings Ltd, up by 4.5 per cent.

The three biggest H-shares percentage decliners were Haitong Securities Co Ltd, which was down 4.35 per cent, GF Securities Co Ltd, which fell 3.9 per cent and New China Life Insurance Co Ltd, down by 3.2 per cent.

About 2 billion Hang Seng index shares were traded, roughly 126 per cent of the market's 30-day moving average of 1.58 billion shares a day. The volume traded in the previous trading session was 1.77 billion.