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Hong Kong, Shanghai: Stocks close lower

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[HONG KONG] Hong Kong shares ended Friday with a loss following a recent rally that was fuelled by the Federal Reserve's decision not to hike interest rates.

The Hang Seng Index slipped 0.31 per cent, or 73.32 points, to close at 23,686.48.

The benchmark Shanghai Composite Index lost 0.28 per cent, or 8.41 points, to 3,033.90 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.50 per cent, or 10.04 points, to 2,008.12.