Hong Kong shares closed below the 25,000-point mark on Friday amid rising oil prices, partly dragged down by tech heavyweights.
The benchmark Hang Seng Index fell by 247 points, or 0.98 percent, to 24,963, with a full-day turnover of HK$209.8 billion.
The Hang Seng Tech Index also went down 1.47 percent to 4,629 points.
Tech heavyweights Alibaba (9988) and Tencent (0700) underperformed the market, down 4 percent and 2.3 percent, respectively.
Gold-related stocks slipped with falling gold prices, with Laopu Gold (6181) and Zijin Mining (2899) declining 4 percent and 3.4 percent.
Notably, BOC Hong Kong (2388) jumped the most among blue chips, up nearly 6 percent to a new high, as rebounding oil prices lifted the possibility of an interest rate hike.
In the mainland, the Shanghai Stock Exchange Composite Index fell by 1.61 percent to 3,814 points, and the Shenzhen Stock Exchange Component Index dropped 2.47 percent to 13,774 points.
