Hong Kong's Hang Seng Index fell 102 points or 0.45 percent to open at 22,589 points on Thursday.
Shares of mainland tea brand, Auntea Jenny, opened at $190.6 per share on first trading day - 68 per cent higher than the offer price at $113.12.
On the mainland, stocks opened lower, with the benchmark Shanghai Composite Index down 0.34 percent to open at 3,331 points.
The Shenzhen Component Index opened 0.23 percent lower at 10,081. (Xinhua)