Friday was a good day for stock brokers in Hong Kong and mainland China as it marked the end of three-straight days that their stocks depreciated.

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Jewelry and watch companies enjoyed the best performance of the stock market as their stocks rose by an average of 2.5 percent. The car sector and conglomerates sectors were next in line, growing by 1.35 percent and 1.17 percent respectively.

The Shanghai Composite Index rose by 0.57 percent to close the week at 3085.74.  Meanwhile, the CSI 300 stock market increased by 0.56 percent to close the week at 3,327.47.

The chairman of Morton securities, Joseph Tong, said he believes that the Hong Kong and mainland stocks would continue being irregular for a while. He said that the three-day drop in share value was due to investors taking their profits.

"Both stock markets traded solidly higher this month due to the announcement of the Shenzhen Stock Connect. After that announcement it was natural to see some profit taking," he said. "This type of profit is however over now. The market is uptrend again as we may have a clearer picture about the direction of US interest rates after Yellen's speech later on Friday."

The Yuan, however, hit its lowest point in the month closing at 6.6814. This comes after the Peoples Bank of China injected 95 billion Yuan ($14 billion) into the money market through a reverse bond repurchase agreement and an additional 50 billion Yuan ($7 billion) through 14-day reverses repos.

The China Construction Bank also felt the loss after its stock fell by 0.34 percent to close at 5.80 percent.

Tagsstock market, Hong Kong, janet yellen, Shenzhen Stock Connect, Joseph Tong