Hong Kong shares fell on Thursday as losses in other Asian markets prompted investors to pocket gains, while shares in Shanghai extended gains on rosy for the economy and corporate earnings.

Chinas key stock index edged up 0.09 percent, rising for a fifth session, with shares in Shanghai-based companies up as details emerged about a planned Disney theme park there.

In Hong Kong, the benchmark Hang Seng Index .HSI had shed 0.91 percent or 196.46 points to 21,418.31 by midday, retreating from a 1.76 percent gain in the previous session.

While turnover improved to HK$35.71 billion ($4.6 billion), from midday Wednesdays HK$33.33 billion, it was still below last Thursdays HK$47.68 billion, as most investors were sidelined before U.S. jobless data due on Friday.

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