Dressed in formal graduation gowns, many of about 1,000 students chanted as they walked to the ceremony venue, near the New Territories town of Sha Tin, calling for the government to respond to protesters' demands that include universal suffrage.
Xu said protesters in Hong Kong "intend to create a "chilling effect" by threatening and intimidating their candidates and their supporters", in order to "affect the election results of the district councils and realise their objective of seizing political power".
The circumstances leading up to Mr Chow's fall were unclear, though police say he was believed to have fallen from a parking deck while officers dispersed nearby protesters and fired tear gas.
Two pro-Beijing newspapers ran full-page ads, commissioned by "a group of Hong Kong people", calling for the lowest-tier 24 November district council elections to be postponed, a move which would infuriate those calling for democracy.
A spokesman for the Hospital Authority confirmed on Friday (Nov 8) that he was certified dead at 8.09am.
University president Wei Shyy briefly paused the school's graduation ceremony to announce Mr Chow's death and observe a moment of silence. White flowers were laid below the stage as students announced plans to boycott class for a week and demanded the truth in Chow's death.
Protesters have thrown petrol bombs and vandalized banks, stores and metro stations, while police have fired rubber bullets, tear gas, water cannon and, in some cases, live ammunition in scenes of chaos. The university urged students to stay calm to "avoid further clashes and tragedy".
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Police acknowledged that tear gas had been used to disperse protesters near the vehicle park where Chow fell on Sunday night. Police also denied claims that officers pushed the victim down.
The government expressed "great sorrow and regret" over Chow's death despite the fact he underwent surgery and treatment.
There have been few fatalities amid the unrest, with previous reports of deaths by suicide and a man who fell to his death while hanging pro-democracy banners on a building.
Hong Kong returned to Chinese rule in 1997 under a "one country, two systems" formula, allowing it colonial freedoms not enjoyed on the mainland, including an independent judiciary and right to protest.
Dressed in formal graduation gowns, numerous students sang as they walked from a subway station to the ceremony site, asking the government to respond to protesters' demands that include universal suffrage.
Protesters have issued a list of demands, including fully free elections to choose the city's leader and an investigation into alleged abuses by police. More than 3,300 people have been arrested, and Beijing has indicated it may tighten its grip to quell the unrest.