The Hang Seng China Enterprises Index on the Hong Kong Stock Exchange dropped 217.03 points, or 1.59 percent, to close Thursday's trading at 13,470.98.

The H-shares index, initiated in August 1994 and readjusted on Sept. 7, 2009, tracks the overall performance of 44 major Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange.

The Hang Seng China H-Financials Index fell 345.58 points, or 1. 81 percent, to close at 18,710.19.

The H-Financials Index, initiated on Nov. 27, 2006, readjusted on Sept. 10, 2007, tracks the performance of nine major banks and insurers of the Chinese mainland.

The Hang Seng Mainland Composite Index went down 36.14 points, or 0.85 percent, to close at 4,196.42.

Introduced on Oct. 3, 2001 with the latest readjustment effective on March 9, 2009, the Hang Seng Mainland Composite Index gauges the performance of 132 Hong Kong-listed companies with principal places of business in Hong Kong and the Chinese mainland.

The Hang Seng China-Affiliated Corporations Index moved up 7.81points, or 0.19 percent, to close at 4,163.50.

The index tracks the performance of 34 locally listed companies with a significant equity interest held by entities in the Chinese mainland.