The data marks the eighth straight day of total cases surpassing the 100 mark, according to the head of communicable disease branch of the Department of Health, Chuang Shuk-kwan.
Out of the fresh cases five are imported and 113 are locally transmitted.
Among the local cases, 67 are related to previous patients and 46 are currently under investigation. Kwan added that out of the 67 related cases, 54 contracted the virus in social gatherings.
Hong Kong's coronavirus death toll rose to 24 as of Wednesday morning, after an 85-year-old man died on Tuesday and a 76-year-old woman died on Wednesday.
The city has imposed its the strictest social distancing measures so far starting Wednesday, in response to the fresh outbreak.
The new restrictions include tightening gatherings from up to four people to only two, expanding mandatory mask-wearing from all indoor public places to including outdoor public places, and a complete suspension of restaurant dine-ins.