Hong Kong stocks closed down 151. 51 points, or 0.68 percent, at 22293.29 on Monday.
China's stock index futures closed lower on Monday with the contract for August, the most actively traded, down 3.26 percent from the previous day to 2,977.2 points.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 36.93 points, or 4 percent, to 887.06 on Monday.
Chinese shares tumbled on Monday, the first trading day following a deadly train collision in the eastern province of Zhejiang, which left 36 people dead and 192 others injured.
Guosen Securities Co, the top- ranked arranger of initial public offerings in China, has more than doubled the workforce at its Hong Kong unit this year as Chinese investment banks challenge Goldman Sachs Group Inc and Morgan Stanley outside their home market, Bloomber reported Monday.
China Everbright Bank Co is seeking more institutional buyers for its Hong Kong share sale after getting commitments for about one third of the offering from key investors, two people with knowledge of the deal said.
Asian currencies advanced to a 14-year high after European leaders pledged more aid for Greece, easing concern the debt crisis will worsen and bolstering demand for emerging-market assets.
Fitch Ratings warns Chinese banks on asset quality risks for their relatively low viability ratings, the National Business Daily reported Friday.
Hong Kong stocks gained 457.51 points, or 2.08 percent, to close at 22,444.80 on Friday.
China's stock index futures closed mixed on Friday with the contract for August, the most actively traded, down 0.03 percent from the previous day to 3,075 points.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, climbed 8.63 points, or 0.94 percent, to 924 on Friday.
Chinese shares edged up on Friday, ending a losing streak for four consecutive days, to join a global rally after news of a second bailout package for debt-stricken Greece.