* HK->Shanghai Connect daily quota used -0.4%, Shanghai->HK daily quota used 1.5%
* HSI -0.3%, HSCE -0.7%, CSI300 +0.2%
* FTSE China A50 +0.2%
Sept 25 (Reuters) - Hong Kong stocks ended lower on Friday, posting their biggest weekly drop in six months, tracking a global correction as a resurgence in coronavirus cases globally raised concerns about the pace of economic recovery.
** At the close of trade, the Hang Seng index was down 75.65 points, or 0.32%, at 23,235.42. The Hang Seng China Enterprises index fell 0.73% to 9,302.59.
** For the week, HSI slumped 5%, while HSCE shed 5.1%, both posting steepest daily drop since the week ended March 20.
** The sub-index of the Hang Seng tracking energy shares dipped 0.1%, while the IT sector dipped 1.29%, the financial sector ended 0.19% lower and the property sector dipped 1.04%.
** The top gainer on the Hang Seng was CLP Holdings Ltd , which gained 2.15%, while the biggest loser was Country Garden Holdings Co Ltd, which fell 3.87%.
** The Hang Seng index could remain sluggish in the short term as new listings drew liquidity and investors turned cautious ahead of China’s week-long National Day Holiday starting Oct. 1, Guodu Hong Kong said in report.
** Tech players weighed on the market, with the Hang Seng tech index retreating 6.1% for the week.
** Britain recorded its highest number of daily COVID-19 cases on Thursday, reflecting a second wave of the virus hitting the country, while Mexico is close to surpassing 75,000 confirmed coronavirus deaths.
** Investors sold off China Evergrande Group shares and bonds, after a leaked document showed the nation’s second-biggest property developer by sales sought government help to avert a cash crunch.
** Around the region, MSCI’s Asia ex-Japan stock index was weaker by 2.15%, while Japan’s Nikkei index closed up 0.51%.
** The yuan was quoted at 6.8177 per U.S. dollar at 0816 GMT, 0.14% firmer than the previous close of 6.8275. (Reporting by the Shanghai Newsroom; Editing by Rashmi Aich)