Hong Kong stocks closed lower on Friday, weighed down by property counters amid concerns about potential government measures to cool the sector.

The Hang Seng Index ended down 0.9% at 20,297.75, while the China Enterprises Index of Hong Kong-listed mainland companies fell 1.2% to 11,104.43.

Property stocks were among the biggest losers, with Henderson Land Development Co. falling 2.5% and Sun Hung Kai Properties Ltd. dropping 1.8%.

Analysts said that investors are worried about further government intervention in the property market, which could hurt developers’ profits.

“The market is very sensitive to any news about the property sector,” said Castor Pang, a strategist at Core Pacific-Yamaichi.

Financials also contributed to the market’s decline, with HSBC Holdings PLC down 0.8%.

However, some Chinese banks bucked the trend, with Industrial and Commercial Bank of China Ltd. rising 0.5%.

Turnover was thin, with HK$57.9 billion worth of shares changing hands.