Hong Kong stocks closed up 0.12 per cent as a rebound in Macau-related shares helped offset concerns over weak Chinese inflation data.
The benchmark Hang Seng Index rose 25.87 points to 21,862.99 on turnover of HK$53.62 billion ($A7.49 billion).
Shares in Macau gaming and entertainment firms rebounded following steep losses on Thursday on reports the Asian gambling hub would crack down on illegal money transfers.
Beijing is concerned that billions of yuan in illicit funds are being channelled out of mainland China and into casinos.
Sands China climbed 5.8 per cent to close at HK$55.60 after losing 4.26 per cent on Thursday while Galaxy Entertainment Group rose 5.6 per cent to HK$58.50 following the previous day's 7.26 per cent fall.
Chinese stocks ended lower after the release of weak April inflation data sparked worries over the economy, dealers said.
The benchmark Shanghai Composite Index slipped 0.20 per cent, or 4.13 points, to 2,011.14 on turnover of 57.5 billion yuan ($A9.95 billion). The index dropped 0.75 per cent for the week.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.83 per cent, or 8.51 points, to 1,017.69 on turnover of 68.8 billion yuan. It lost 0.96 per cent over the week.
China's consumer price index (CPI) rose 1.8 per cent year-on-year in April, slowing from an increase of 2.4 per cent in March, official data showed on Friday.
The announcement sent the Shanghai index down to an intra-day low of 2,001.30 points, but losses later narrowed as investors digested the news, analysts said.
"Though the CPI figure reflected weakness in the domestic economy, it was basically in line with market expectations," said Zheshang Securities analyst Zhang Yanbing.
"People knew (April) economic statistics wouldn't look good," he added.
Financial stocks were mixed. Ping An Insurance slid 0.23 per cent to 39.26 yuan and banking giant ICBC rose 0.58 per cent to 3.45 yuan.
On the Shenzhen market, water treatment firms were higher on reports that an eastern Chinese city had suspended water supplies over suspected pollution.
Water purifier maker Shanghai Canature Environmental Products gained 4.88 per cent to 13.98 yuan and Shanghai Safbon Water Service advanced 3.12 to 13.20 yuan.
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