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China and Hong Kong stocks slip on global bond selloff

China’s CSI 300 fell 1.3% and the Shanghai Composite lost 0.8% amid a global bond selloff and rising oil prices. Hong Kong’s Hang Seng benchmark also declined.

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By Summer ZhenChina and Hong Kong stocks fell on Wednesday as a global bond selloff and rising oil prices took a toll on investor sentiment.** China's blue-chip CSI 300 Index SZSE:399300 declined 1.3%, while the Shanghai Composite Index SSE:000001 lost 0.8%.

Hong Kong benchmark Hang Seng HSI:HSI dr…