Shares in KE Holdings, which operates the online property platform Beike, opened at HK$30 each
Speculation that Russia may declare full-scale war on Ukraine to call up reserves during "Victory Day" celebrations also hit market sentiment
China's CSI300 index was close to a 23-month low on Monday, while the Hang Seng dropped 2.8% and the Nikkei fell 1.9%. Oil slipped 2.7%.
Stocks fell on most Asian markets on Monday amid continued concerns over rate hikes and China's slowing economy.
Tokyo, Hong Kong, Sydney, Singapore, Taipei, Wellington and Manila slipped on Friday, after all major US markets fell, but Shanghai, Mumbai, Jakarta and Bangkok edged up slightly
Hong Kong rose 3%, while Tokyo, Sydney, Seoul, Singapore, Manila, Bangkok and Jakarta were also up. Wellington and Mumbai dipped, while Shanghai and Taipei were still closed for holidays
China's CSI 300 blue-chip share index falls to lowest in 16 months, other Asian stocks decline around 2%, as Fed indicates it may raise US interest rates in March
Hong Kong, Shanghai, Singapore, Wellington, Jakarta and Bangkok rose, while Tokyo, Seoul, Taipei and Manila edged down. Sydney and Mumbai were closed for holidays.
Asia's share markets were down on Tuesday as two-year US Treasury yields topped 1% for the first time in almost two years, but positive news helped lift property stocks and bonds in China
Singapore continued its good start to the year while Hong Kong extended recent gains and there were advances in Shanghai, Taipei, Manila, Mumbai, Bangkok and Jakarta. Tokyo was closed.