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Asia

Global Market: China, Hong Kong stocks slide as oil surge fuels inflation concerns

Markets-Economic Times · 1h ago · 🇮🇳 India

Global Market: China, Hong Kong stocks slide as oil surge fuels inflation concerns

Asian markets saw declines in China and Hong Kong equities on Friday. Crude oil prices surged above $100 a barrel, intensifying inflation worries. Investors remained cautious due to geopolitical risks and upcoming large IPOs. Technology shares received some support from policy expectations. Rising energy costs and liquidity pressures will influence markets near term.

Read the full story at Markets-Economic Times →

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