Hong Kong's Hang Seng index traded higher on Friday as Chinese inflation slowed in February. Hang Seng index gained 0.89% or 185.27 points and closed at 21,086.00 with eight of nine sectors posting gains. Property and financial shares rallied on positive Greek debt swap outcome. China Resources Ent. accelerated 2.8% while China Merchant surged 2.5%. Cosco Pac made the biggest gains within the index accelerating 4.3%. On the downside CLP Holdings slipped 2%.