The Hang Seng ended the morning down 99.72 points at 15,080.23 while the Nikkei is closed for a public holdiday.
Oil eased in Asian trade with New York's main contract, light sweet crude for delivery in November, at $66.16 a barrel, 35 cents lower than its close of $66.50 in the US.
TIPS - UPDATE: COUNTRYWIDE (sell), JAMES FISHER (fairly priced), GCAP MEDIA (SELL), K3 BUSINESS TECHNOLOGY (buy), TEN ALPS (buy), GOLDEN PROSPECT (buy)