Chinese and Hong Kong equities declined on Wednesday as a global selloff in bonds and rising oil prices dampened investor sentiment, while renewed geopolitical tensions increased concerns over inflation and interest rates.
China's blue-chip CSI 300 Index fell 1.3%, while the Shanghai Composite Index declined 0.8%. In Hong Kong, the benchmark Hang Seng Index dropped 1%, while the Hang Seng Tech Index lost 1.5%.
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