The Hang Seng Index fell 620.00 points to 23,367.45 on turnover of HK$105.14 billion ($13.57 billion).
In mainland China the benchmark Shanghai Composite Index slipped 0.10 percent, or 2.68 points, to 2,680.16 on turnover of 401.1 billion yuan ($65.3 billion).
The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.55 percent, or 7.76 points, to 1,412.56 on turnover of 279.0 billion yuan.