Japan's benchmark Nikkei 225 fell 0.1% to 27,742.29 and Hong Kong's Hang Seng gave up 1.6% to 25,293.14. The Shanghai Composite was down 1% at 3,504.49 in afternoon trading.
Chinese technology stocks had rallied earlier this week as a share buyback by games and social media giant Tencent Holding Ltd. boosted sentiment. The firm's Hong Kong-listed shares fell 0.7% on Thursday. They are also looking toward the Federal Reserve's annual convention in Jackson Hole, Wyoming, which begins Thursday. Fed Chair Jerome Powell is scheduled to speak at the convention on Friday.
Over on Wall Street on Wednesday, financial and energy companies led the S&P 500 to another all-time high. The benchmark edged up 0.2% to close at 4,496.19 on Wednesday.
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