Stocks in Asia slipped on Friday amid growing concerns over the trade fight between the U.S. and China.
Hong Kong's Hang Seng index, which returned to trade after being offline for most of the week due to the Lunar New Year holidays, slipped 0.18 percent in afternoon trade. Shares of Chinese tech heavyweight Tencent declined 0.52 percent.
Japan's Nikkei 225 declined 2.01 percent to close at 20,333.17 as index heavyweight Fast Retailing fell 0.5 percent. The Topix shed 1.89 percent to close at 1,539.40. Shares of Sony, however, bucked the overall downward trend and jumped 4.1 percent after the company announced its first-ever share buyback of $910 million.
South Korea's Kospi also slipped 1.2 percent to finish its trading week at 2,177.05.
Oil prices declined in afternoon trade on Friday during Asian hours. The international Brent crude futures contract slipped 0.8 percent to $61.14 per barrel while U.S. crude futures fell 0.85 percent to $52.19 per barrel.