Asian shares declined after weak Chinese data.
China's official nonmanufacturing Purchasing Managers' Index fell to 54.6 in December from 56.0 in November. December was a four-month low.
Insurance and brokerages in China dropped on news local governments have been given the green-light to issue bonds as a way for them to avoid defaulting on massive debt loads.
In other parts of the region, South Korean shares closed at their lowest levels in four months, weighed by blue-chip stocks.
India's prime minister said he would not seek a third term.
In ADR news, China Finance Online ( JRJC ) said late Thursday Q3 sales rose to $13.2 million from $7.2 million a year ago. Net loss was $1.6 million, down from a loss of $3.2 million a year earlier. Net loss per ADS shrank to $0.07 from a loss of $0.14 last year.
Japanese markets remained closed and will resume trade on January 6.
The Hang Seng closed down 2.24% at 22,817.28 and Shanghai down 1.55% at 2,083.14.
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