Hong Kong stocks slide to 2-week low as Fed warns of inflation risk Zhang Shidong Business – South China Morning Post

Hong Kong stocks dropped to a two-week low after the Federal Reserve flagged increasing inflationary risk for the economy and the conflict in the Middle East jeopardised global oil supply.
The Hang Seng Index fell 0.8 per cent to 23,516.48 as of 10.12am local time. The Hang Seng Tech Index shed 0.7 per cent.
On the mainland, the CSI 300 Index and the Shanghai Composite Index both retreated 0.3 per cent.
Alibaba Group Holding slipped 0.6 per cent to HK$111.50, and Tencent Holdings fell 1.5 per…Hong Kong stocks dropped to a two-week low after the Federal Reserve flagged increasing inflationary risk for the economy and the conflict in the Middle East jeopardised global oil supply.
The Hang Seng Index fell 0.8 per cent to 23,516.48 as of 10.12am local time. The Hang Seng Tech Index shed 0.7 per cent.
On the mainland, the CSI 300 Index and the Shanghai Composite Index both retreated 0.3 per cent.
Alibaba Group Holding slipped 0.6 per cent to HK$111.50, and Tencent Holdings fell 1.5 per…  Read More 

​Business – South China Morning Post