The growth enterprises market index fell by more than 1%, and the game, insurance and photovoltaic equipment sectors fell first.
FTSE China A50 futures fell more than 1 percent.
The three major U.S. stock indexes all fell more than 1% at the beginning of the session.
U.S. stocks fell short-term, with the Nasdaq falling more than 1 percent at one point. US President Donald Trump told Republican lawmakers that he planned to issue "reciprocal tariffs" as early as Friday, sources said.
Non-US currencies continued to rise, with the US dollar falling more than 0.50% against the Japanese yen USD/JPY in the day to 155.48. The US dollar fell 1.43 against the Canadian dollar USD/CAD, down 1.27% in the day. The euro rose 1.50% against the US dollar EUR/USD and the Australian dollar against the US dollar AUD/USD.
FTSE China A50 futures fell more than 1 percent.
Most of the housing stocks in Hong Kong stocks fell, Sunac China (01918.HK) fell more than 26%, Agile Group (03383.HK), Rongxin China (03301.HK) fell more than 12%, Shimao Group (00813.HK) fell more than 9%, Xuhui Holding Group (00884.HK) fell more than 8%, R & F Real Estate (02777.HK) fell more than 7%.
The Shenzhen Composite Index fell more than 2%, while the Shanghai Composite Index fell 1.1%.
Hong Kong stocks fell collectively, Sunac China (01918.HK) fell more than 14%, Rongxin China (03301.HK), Sino Ocean Group (03377.HK) fell more than 9%, Shimao Group (00813.HK) fell more than 6%, Zhongliang Holdings (02772.HK) fell more than 5%, Agile Group (03383.HK) fell more than 4%.
The main contract for crude oil futures expanded, with fuel oil falling by more than 4% to 3,019 yuan/ton; low-sulfur fuel oil fell by nearly 2% to 3,854 yuan/ton; SC crude oil fell by more than 1% to 530.0 yuan/barrel.