Hong Kong stocks suffered another hefty loss on Tuesday on growing concerns about another Federal Reserve interest rate hike, while China's property crisis added to the weak sentiment.

The Hang Seng Index tumbled 1.5 percent, or 262 points, to close at 17,466.

The Shanghai Composite Index dipped 0.4 percent, or 13 points, to 3,102, while the Shenzhen Composite Index fell 0.5 percent, or 9 points, to 1,894. (AFP)