Hong Kong stocks opened in the red on Thursday after Wall Street indices lost steam following a two-day rally. The benchmark Hang Seng lost 0.52% in opening trade.
The S&P 500 closed lower by more than 1% on Tuesday amid a decline in regional bank shares.
The KBW regional banking index recorded its biggest daily percentage decline since March 13.
The Fed is likely to raise interest rates by an additional 25 basis points on Wednesday.