Hong Kong stocks close a tad lower

Hong Kong stocks gave up their early gains to edge 0.06 percent lower on Friday, capping a three-day rally, despite another record performance on Wall Street

The benchmark Hang Seng Index dipped 12.22 points to end at 22,089.05 on turnover of HK$49.88 billion ($6.44 billion).

Chinese shares ended down 0.58 percent. The benchmark Shanghai Composite Index fell 12.77 points to 2,206.78 on turnover of 56.2 billion yuan ($9.1 billion), the lowest close since December 27.