Hong Kong's stock market ended lower on Wednesday with the benchmark Hang Seng Index down 1.28 percent to close at 25,760.73 points.
The Hang Seng China Enterprises Index slumped 1.68 percent to end at 9,028.55 points, and the Hang Seng Tech Index dropped 1.58 percent to 5,534.92 points.
Hong Kong stocks close lower
Oil prices rose on Wednesday.
The West Texas Intermediate for February delivery increased by 87 cents, or 1.42 percent, to settle at 62.02 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery gained 1.05 dollars, or 1.6 percent, to settle at 66.52 dollars a barrel on the London ICE Futures Exchange.
Crude futures settle higher