China and Hong Kong stocks fell on Friday, putting the markets on course for weekly losses as thin trading volumes and rising expectations of further U.S. interest rate hikes weighed on investor sentiment, Reuters reported.
China's blue-chip CSI300 index fell 1.6% by the lunch break, while the Shanghai Composite Index dropped 1.8% to below the 3,900-point level. In Hong Kong, the benchmark Hang Seng Index declined nearly 1%.
