Global Market: China, Hong Kong stocks slide as oil surge fuels inflation concerns
China and Hong Kong equities declined on Friday as a sharp rise in crude oil prices intensified inflation worries and weakened investor sentiment across Asian markets, as per a Reuters report. China’s blue-chip CSI300 index and the Shanghai Composite Index fell 1.2% by the lunch break, while Hong Kong’s benchmark Hang Seng Index dropped 1.7%….