Hong Kong Stocks fell on Trump leading the U.S. presidential elections despite the Chinese authorities' rolling out stimulus and recovery measures to address consumption and the downturn in the real estate sector.

With Trump, who has promised to impose tariffs of 60% or more on Chinese imports, already in the lead, investors are concerned about the possible increase in tensions over exports and tech competition between the countries.

The Hang Seng Index fell by 2.23%, or 468.59 points, to close Wednesday's session at 20,538.38. The Hang Seng China Enterprises Index fell by 2.56%, or 193.15 points, to close at 7,363.47.

In corporate news, Dalipal (HKG:1921) signed a letter of intent with King Salman Energy Park, a subsidiary of Saudi Aramco, to establish a factory, ballooning the company's shares by almost 57% on Wednesday's close.

Synertone Communication (HKG:1613) is poised to raise nearly HK$21 million from a share sale to a new investor. The company agreed to issue 74,176,000 shares at HK$0.28 apiece to Infinity Holding Resources, raising the shares of the company by almost 22% on Wednesday's close.

Aidigong Maternal & Child Health (HKG:0286) raised about HK$72.1 million in net proceeds after completing the placement of 44,350,000 shares to at least six places. The shares of the company closed nearly 5% lower on Wednesday.