Japan's Nikkei stock average extended its decline to a seven-month low on Friday, led by a slump in shares with strong link to the global economy, while Toyota Motor dragged its peers and affiliates lower.
Hong Kong stocks dropped over 2% to hit a more than nine-month low on Friday, while China shares also fell sharply on deepening concerns over the economic slowdown and Beijing's regulatory tightening.
China's National People's Congress on Friday passed a law designed to protect online user data privacy and will implement the policy from Nov. 1, according to state media outlet Xinhua.