Asia markets were mostly lower on the final trading day of the week, as investors digested major central banks' decisions to stand pat on their monetary policies.
Markets in Japan were closed for holiday. The Nikkei 225 lost more than 5% for the week.
The Hang Seng Index in Hong Kong slumped 320.98 points, or 1.5%, to 21,067.05
On Thursday, the Bank of Japan (BOJ) unexpectedly kept its policy steady, disappointing a substantial section of the market that was betting on further stimulus.
The yen traded at 107.14 against the U.S. dollar, compared with levels over 108 earlier in the session. That followed the pair's fall of as much as nearly 3% Thursday afternoon local time from levels over 111. The pair traded at lows not seen since October 2014.
The Australian dollar traded at $0.7654 U.S. in afternoon trade, compared with Thursday's finish at $0.7625.
In company news, shares of Australian detention center operator Broadspectrum soared 32.1% after reports said its board has approved a takeover bid from Spanish group Ferrovial.
Energy plays in the region closed mixed, with shares of Santos advancing 2.1% and Woodside Petroleum higher by 2.2%.
CHINA
The Shanghai CSI 300 index dipped 3.84 points, or 0.1%, to 3,156.75, as Chinese mainland listed shares of PetroChina dropped 1.5%
In China, the yuan was flat against the dollar at 6.4760. Before market open, the People's Bank of China (PBOC) fixed the yuan mid-point at 6.4589, compared with Thursday's fix at 6.4954. Friday's fix guided the yuan higher at the sharpest pace since 2005.
China's central bank lets the yuan spot rate rise or fall a maximum of 2% against the dollar relative to the official fixing rate.
In other markets;
In Taiwan, the Taiex Index docked 95.97 points, or 1.1%, to 8,377.90
In Korea, the Kospi index retreated 6.78 points, or 0.3%, to 1,994.15
In Singapore, the Straits Times Index fell 23.78 points, or 0.8%, to 2,838.52
New Zealand’s NZX 50 gained 30.6 points, or 0.5%, to 6,820.58
The ASX 200 added 26.79 points, or 0.5%, to 5,252.22
