Hong Kong stocks lost 1,458.75 points, or 5.84 percent to close at 23,516.56 points on Wednesday, led by losses on mainland markets and panic selling.
The benchmark Hang Seng Index opened lower, plunging over 4.7 percent at the start of the morning session. The decline widened in the afternoon, with the index once shed about 2,000, or more than 8 percent, touching 22,836.82 points, the lowest of the day. Turnover totaled 235.97 billion HK dollars (about 30.44 billion U. S. dollars).
