Hong Kong Shares Fall Amid Risk-Off Sentiment From Mideast Conflict -- Market Talk
Dow Jones
Yesterday
0817 GMT - Hong Kong shares closed in the red Monday, with the benchmark Hang Seng Index ending 3.5% lower at 24382.47. Asia's heavy reliance on Middle Eastern energy has left markets reeling from the fallout of the war in Iran, says WRISE Private Singapore's Jude Lin in an email. The deliberate targeting of critical energy infrastructure across the Gulf has also spooked investors and driven the market into a definitive risk-off mode, he adds. Among the Hang Seng Index's constituents, Laopu Gold led the losses, closing 8.6% lower ahead of its earnings release. China Hongqiao ended 8.1% lower, while AIA fell 7.8%. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
March 23, 2026 04:17 ET (08:17 GMT)
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