Hong Kong stocks advanced 249.01 points, or 1.51 percent, to close at 16,790.7 on Friday.

Boosted by overnight rally on Wall Street, the benchmark Hang Seng Index opened higher in the morning and fluctuated in the positive territory throughout trading.

The day high was 16,953.41 and the day low stood at 16,736.18.

Turnover shriveled to HK$58.06 billion ($7.51 billion), from Thursday's HK$63.65 billion.