Published: 18:31, December 3, 2021 | Updated: 18:35, December 3, 2021
Hong Kong shares end lower on Friday; HKEx surges
By Agencies

SHANGHAI - Hong Kong shares closed lower on Friday. The Hang Seng index fell 0.1 percent to 23,766.69, while the China Enterprises Index lost 0.6 percent to 8,455.45 points.

For the week, the Hang Seng index retreated 1.3 percent, while the China Enterprises Index shed 1.4 percent.

Tech firms listed in Hong Kong slumped 1.5 percent.

Alibaba Group and Bilibili Inc fell 4.6 percent and 7.2 percent, respectively, hitting their record lows.

Tencent and Meituan dropped more than 2 percent each.

However, Hong Kong Exchanges and Clearing (HKEx) jumped 4.4 percent as investors hoped that the exchange will benefit from an increase in turnover.

HKEx lifted the Hang Seng Index up 45 points, the biggest point contributor to the benchmark.