China and Hong Kong stocks slipped on Thursday as risk sentiment took a blow after the U.S. Federal Reserve's hawkish policy statements signalled another rate hike by year-end and much tighter monetary policy through 2024 than previously expected.

** China's blue-chip CSI 300 Index declined 0.61% while the Shanghai Composite Index slid 0.59%.

China, Hong Kong stocks drop on hawkish US Fed stance comes via ChinaTechNews.com.