Hong Kong shares reversed early losses to edge higher on Friday, posting a fifth straight weekly gain, but turnover slumped to the lowest in about three weeks ahead of fresh U.S. employment data due later in the day, Reuters reported. The Hang Seng Index ended up 0.08 percent on the day and up 1.25 percent on the week at 20,756.98. The China Enterprises Index of top mainland listings in Hong Kong ended up 0.19 percent on the day and up 1.39 percent on the week at 11,605.57. The Shanghai Composite Index cut early losses to finish up 0.77 percent at 2,330.4, with strength in financials helping the benchmark close at the highest in almost two months in relatively improved turnover from Thursday. -- SPA