The Hong Kong stock market on Friday emphatically halted the two-day slide in which it had dropped almost 470 points or 2.1 percent. The Hang Seng Index now sits just above the 23,475-point plateau although it's likely to see a downward correction on Monday.
The global forecast for the Asian markets is weak on concerns over inflation and the outlook for interest rates. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets figure to follow the latter lead.
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