Mainland China, Hong Kong stocks fall as US inflation spurs Fed tightening concerns
Stocks on the Chinese mainland and in Hong Kong slumped as a hot reading on US inflation boosted bets that the Federal Reserve will raise interest rates.
The CSI 300 Index slid 1.3 per cent and the chip-heavy Star Market 50 gauge tumbled 2.3 per cent.
The Hang Seng Index fell 0.9 per cent to 24,094.03 as of 9.39am local time.
The Hang Seng Tech Index dropped 1.9 per cent.
The probability that the Fed would boost the benchmark borrowing cost by 25 basis points in December had risen to 66 per cent...
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