Hong Kong shares end 0.35% lower

Hong Kong stocks slipped 0.35 percent Friday as a rally on Wall Street was offset by a sell-off in Shanghai and concerns about China's economy, despite this week's monetary easing measures. While US equities provided a healthy lead, Hong Kong tracked losses in Shanghai, which came despite Wednesday's decision by the People's Bank of China to cut the amount of cash lenders must keep in reserve. Adding to US buying sentiment was the European Central Bank's assurances that