Hong Kong stocks closed sharply lower on Monday on fresh worries about China's rattled property sector, while traders also contemplated the prospect of another US interest rate hike before the end of the year.

The Hang Seng Index sank 1.8 percent, or 328 points, to 17,729.

The Shanghai Composite Index fell 0.5 percent, or 16 points, to 3,115, while the Shenzhen Composite Index dipped 0.5 percent, or 8 points, to 1,904. (AFP)