Hong Kong's Hang Seng Index fell 1.43% on Friday, closing at 24,478.01 as selling pressure dragged the benchmark lower through the session.
The index touched a session high of 24,537.14 shortly after the open before retreating sharply, with the day's trough reaching 24,275.56 — a range of more than 260 points that underscored the volatile tone across the market. The closing level represented a recovery from the intraday low but was insufficient to prevent a meaningful loss on the day.
Broader sentiment weighed on equities, with the decline reflecting caution among investors heading into the weekend. The index's inability to hold early gains pointed to persistent selling interest at higher levels.
The Friday session capped what proved to be a difficult week for Hong Kong-listed stocks, with the Hang Seng finishing well off its intraday peak and consolidating in negative territory into the close.