A screengrab shows rockets launched from Iran against US military bases in Iraq. Tensions in the Middle East weighed on the Hong Kong and China markets on Wednesday. Photo: EPA-EFE
Hong Kong, China markets decline as risk-off sentiment returns amid rising Middle East tensions
- The Hang Seng Index drops 0.8 per cent, posts its biggest loss since December 4, Shanghai Composite Index drops 1.2 per cent
- Gold futures rise for 11th consecutive day, crude contracts trade close to seven-month high
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China stock market
A screengrab shows rockets launched from Iran against US military bases in Iraq. Tensions in the Middle East weighed on the Hong Kong and China markets on Wednesday. Photo: EPA-EFE