Hong Kong stocks slipped on Friday, with no inflows from mainland markets due to a coming holiday and investors balancing their positions at the end of the first quarter. Trading was also impacted by the approaching holiday. Hong Kong will be closed on Tuesday, and mainland markets on Monday and Tuesday for a Chinese holiday. The "Connect" schemes between mainland exchanges and Hong Kong were suspended starting on Thursday, and will open again on Wednesday, April 5.
The benchmark Hang Seng index dropped 0.8 percent, to 24,111.59, while the Hong Kong China Enterprises Index lost 0.8 percent, to 10,273.67. The market lost 1 percent for the week and gained 9.6 percent for the first quarter.
Copyright Reuters, 2017
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