Dealers said China Mobile and HSBC also pulled the market lower with substantial losses ahead of the reduction in their respective weightings in the Hang Seng Index from tomorrow.
The Hang Seng Index closed down 269.66 points at 18,690.82.
Significant losses also came from blue chips China Mobile and HSBC.
SHANGHAI
Share prices closed 0.13 percent higher, edging up in very heavy trade on continued fund inflows after the sharp gains made on Thursday.
Dealers said new money continued to make itself felt in the market as investors fretted about possibly missing out on the recent advance, highlighted by Thursday's jump of some 2.2 percent.
The Shanghai A-share Index added 2.84 points to 2,208.93 and the Shenzhen A-share Index was up 4.43 points at 518.49.
The Shanghai Composite Index, which covers A and B-shares, closed up 2.76 points or 0.13 percent at 2,102.05.
Dealers said sentiment remains buoyant and investors are confident of further gains.
SYDNEY
Share prices closed 0.99 percent lower as profit-taking set in after Thursday's record breaking performance and investors braced for further data expected to confirm a US slowdown.
Dealers said the major banking stocks fell as traders switched their weightings to favor resource stocks.
The SP/ASX 200 lost 54.2 points at 5,427.9. Turnover was 1.61 billion shares.
SINGAPORE
Share prices closed slightly easier as investors took some modest profits after the market's recent record run.
The Straits Times Index dropped 2.49 points to 2,836.04. Volume was 1.43 billion shares.
KUALA LUMPUR
Share prices closed little changed as profit-taking set in and held back stocks which had recently made sharp gains.
The composite index was marginally lower by 0.55 of a point or 0.05 percent at 1,080.11 points on turnover of 1.6 billion shares.
BANGKOK
Share prices closed 0.31 percent higher as foreign investors continued to pour money into Thailand, partly on speculation in the rising baht.
The composite index rose 2.32 points to 741.38.
JAKARTA
Share prices closed up 0.92 percent at a new record high as investors took heart from benign inflation data for last month. This sparked hopes of a further central bank rate cut as early as next week, dealers said.
The composite index closed up 15.789 points at 1,734.750.
MUMBAI
Share prices closed up 1.08 percent to a record high the day after figures showed India's economy expanded a faster-than-expected 9.2 percent in the second quarter.
The 30-share Sensex index rose 148.47 points to a record 13,844.78 from its previous high of 13,773.59 on Nov. 27.
Indian shares saw an all-time intraday peak of 13,857.81 on Friday from its previous level of 13,799.08 on Nov. 27.
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