Hong Kong shares rallied again on Friday following another advance on Wall Street fuelled by easing interest rate fears, while tech firms were boosted by reports of planned IPOs by spinoffs from Alibaba and JD.com.

The Hang Seng Index added 0.5 percent, or 90 points, to close at 20,400.

The Shanghai Composite Index gained 0.4 percent, or 11 points, to 3,272, and the Shenzhen Composite Index gained 0.8 percent, or 16 points, to 2,124. (AFP)