Hong Kong stocks rose on Friday, buoyed by regional gains and a 2.1 percent rise in heavyweight China Mobile, while Hong Kong-listed H-shares ended at a record closing high.

The benchmark Hang Seng index went up 0.51 percent to close at 19,320.52, for a weekly rise of 1.1 percent, with a turnover of 40. 8 billion HK dollars (5.2 billion U.S. dollars), down 12.1 percent from Thursday's 46.4 billion HK dollars.

Hong Kong-listed Chinese companies, or H-shares, rose 0.98 percent to 9,593.07 -- boosted by a 3.8 percent rise in China Life Insurance Co. -- and hovering just a hair below the all time high of 9,597.66 scaled on Thursday.

H-shares broke records during the week on anticipation of multiple A-share listings on the Chinese mainland, rising 6.7 percent over the five day period.

Plastic injection moulding machine maker Haitian International Holdings Ltd. rose 6.3 percent to a high of 4.20 versus its offer price of 3.95, and finished at 3.97.

Beijing Capital International Airport Co., continued Thursday's climb, jumping 10.2 percent to an all-time high of 6.03, before easing to 6.01 on speculation it is eyeing a listing in the mainland in the near future.

Hong Kong tycoon Li Ka-shing's Hutchison Telecommunications International jumped 8 percent to an all time high of 19.08.

Shares in Chinese steel maker Maanshan Iron and Steel Co. Ltd., dropped 3.3 percent to 4.05.

China's top copper producer, Jiangxi Copper Co. Ltd., fell 2.6 percent and ended the day at 7.81.

Source: Xinhua