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Hong Kong stocks fell 68.26 points, or 0.33 percent, to close at 20,741.45 on Friday.
China Minsheng Banking Corp Ltd announced that its net profit surged 47.7 percent to 9.17 billion yuan in the first quarter of this year.
Shenzhen Development Bank Co said Thursday that it has gained approval from China's Banking Regulatory Commission to absorb Ping An Bank.
China's stock index futures closed lower Friday, with the contract for May, the most actively traded, down 0.08 percent.
Chinese shares fell on Friday as the market was overshadowed by declining earnings at major industrial companies.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, edged up 6.69 points, or 0.99 percent, to close at 685.13 points.
Indonesia's Bank Mandiri opened a branch in Shanghai on Friday as part of its plans to expand its international banking business and promote increased bilateral trade.
Bank of China said Thursday it reaped 38.45 billion yuan ($6.11) in after-tax profit in the first quarter of 2012.
Bank of Korea said Friday that it began buying China's government bonds on the over-the-counter (OTC) market.
China Everbright Bank's profit jumped 41 percent year on year to reach 6.86 billion yuan for the first quarter of the year.
Bank of China posted 10 percent growth in its first-quarter profit as a slowdown in the world's second-largest economy curtailed loan expansion and margins.
A pilot program that would allow small, non-listed companies to issue bonds to investors has been submitted for government's final approval.
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