Hong Kong shares edged lower on Friday, dragged down by fears of slowing growth in China, a vaccine scandal that weighed on healthcare shares and persistent worries over the Sino-US trade war. The Hang Seng index fell 0.1 percent to 27,676.32, while the China Enterprises Index lost 0.4 percent to 10,693.79. The Hang Seng fell 3.9 percent for the week, its worst weekly performance since February.
The Hang Seng healthcare sub-index fell 3 percent. The sub-index of the Hang Seng tracking energy shares dipped 0.5 percent while the IT sector rose 0.55 percent, the financial sector was 0.05 percent lower and property sector dipped 0.69 percent.
The top gainer on Hang Seng was Swire Pacific Ltd up 1.43 percent, while the biggest loser was CSPC Pharmaceutical Group Ltd which was down 4.10 percent. As of the previous trading session, the Hang Seng index was down 7.37 percent this year, while China's H-share index was down 8.3 percent.
The top gainers among H-shares were PICC Property and Casualty Co Ltd up 3.99 percent, followed by Tencent Holdings Ltd gaining 1.39 percent and CITIC Ltd up by 0.37 percent.
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