Asian markets saw declines in China and Hong Kong equities on Friday. Crude oil prices surged above $100 a barrel, intensifying inflation worries. Investors remained cautious due to geopolitical risks and upcoming large IPOs. Technology shares received some support from policy expectations. Rising energy costs and liquidity pressures will influence markets near term.

Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their gains after closing over one hundred…

SYDNEY, July 24 : Asian shares sank on Friday as a near 40 per cent rise in oil prices this month due to the intensifying conflict in the Gulf revived inflation fears, rattling…