Hong Kong - Hong Kong stocks fell 3.7 per cent in early trading Friday on profit-taking after two days of double digit gains.
The blue-chip Hang Seng index lost 525 points in the first hour after opening, dropping to 13,804 points.
Analysts blamed the fall on profit-taking after three consecutive days of gains which has seen the index bounce back by 23 per cent after recording one of its biggest day losses Monday.
This week has been one of the most volatile in the Hang Seng's history.