Hong Kong stocks fell 1.2 percent on Wednesday after sharp drops on Wall Street triggered profit-taking in mainland lenders and other recent gainers, while mounting worries about the U.S. subprime loan market dented global lender HSBC Holdings.

The benchmark Hang Seng Index halted its six-session record streak to end down 278.82 points at 22,607.02.

The China Enterprises index of H-shares, or Hong Kong-listed shares in mainland companies, dropped 1.7 percent to 13,003.25.

Investment HANG SENG INDEX HSBC