22/12/2013 09:34 AST

China shares fell again, as the country's money rates spiked for a third day and worries about tight liquidity remained in spite of the central bank's injection of cash.

If mainland indexes are down at the end of Friday, that will make a ninth straight day of falls.

Hong Kong shares were weak on Friday too, with investors taking profits on recent outperformers after the U.S. Federal Reserve said it would start to trim its stimulus.

China's benchmark seven-day bond repurchase rate hit 7.48 percent on Friday, its highest level since June 24. The hike sparked renewed concerns on tight liquidity before the resumption of new share offerings next month.

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Reuters

Ticker Price Volume
Index Closing Change
NIKKEI 225 36,581.76 -251.51 (-0.68%)
DAX 18,699.40 181.01 (0.97%)
S&P 500 5,626.02 30.26 (0.54%)
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