The Hang Seng Index HK:HSI -0.49% fell 158 points, or 0.7%, to 23,058.97, with shares of market heavyweight China Mobile Ltd. HK:941 -2.37% CHL +0.30% down 2.5%, extending losses from Thursday on reports that China's telecommunications regulator may cut interconnection fees paid to China Mobile by China Telecom Corp. HK:728 -2.18% CHA +4.95% and China Unicom Hong Kong Ltd. HK:762 -1.07% CHU -0.63%
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