Hong Kong's Hang Seng Index fell in early trading on Wednesday, opening down 0.15 percent at 17,848.

E-commerce shares stabilised in Hong Kong after suffering following downbeat remarks from discount online retailer PDD Holdings earlier in the week.

China's biggest sportswear maker, Anta, was the top gainer and shares were up 8.5 percent after better-than-expected profits and US$1.3 billion buyback.

Mainland markets also dropped, with the benchmark Shanghai Composite Index down 0.15 percent to open at 2,844. The Shenzhen Component Index on the mainland's second exchange opened 0.39 percent lower at 8,072. (Xinhua/Reuters)