Hong Kong shares closed at a more than one-year low on Monday, as concerns lingered about the new Omicron coronavirus variant, while Meituan slumped after it forecast a weaker outlook following its largest-ever quarterly loss in three years.
The Hang Seng index fell 1.0 percent to 23,852.24, while the China Enterprises Index lost 0.9 percent, to 8,498.26 points. Both the indexes ended at their lowest since October 2020.
The new variant has spread in several nations, with more countries imposing travel restrictions to try to seal themselves off, while Hong Kong reported two such cases last week.
Food delivery giant Meituan slumped 7.1 percent, the biggest percentage decliner on the Hang Seng Index, dragging down the benchmark 155 points.
Gambling stocks listed in Hong Kong tumbled nearly 7 percent, rattled by the arrests of 11 people over alleged links to cross-border gambling and money laundering.
Alibaba Group edged up 0.7 percent.