LIVE
LIVE

Hong Kong, China stocks sink on risk-off mood amid Middle East tensions

  • Gold mining firms advance as Shanghai Composite closes marginally lower
  • Hang Seng Index shed 0.79 per cent to close at 28,226.19

Topic |   Stocks Blog
INTRODUCTION

Well, that was short-lived. The solid start Hong Kong and mainland Chinese stocks made to 2020 is already under pressure, after a US air strike that killed Iran’s top military commander. As a direct result of the geopolitical tensions in the Middle East, oil surged last week and is set for a bumpy week ahead. 

Among factors to watch closer to home, we have reported that a
Chinese delegation will travel to Washington
this month to sign the phase one deal.
And if you would like the Live Stocks Blog emailed to you each morning, click 
here
.
 

– Zhang Shidong in Shanghai and Azar Zaidi in Hong Kong 

Note: Information in this blog is on an "as is" basis and not a solicitation or offer to buy or sell any securities or otherwise; and is not investment/professional advice or services in this regard.  It is subject to our T&C.  SCMP (as defined in 
T&C
) shall not be liable for any loss, damage and costs relating to any investments in securities or otherwise in this connection.