Hong Kong stocks take hit from Iran conflict after US strike, Hormuz threat Zhang Shidong Business – South China Morning Post

Hong Kong stocks retreated on Monday as the US attack on Iran’s nuclear facilities escalated the military conflict in the Middle East, weighing on appetite for risk assets and fuelling concerns about disruption of global oil supply.
The Hang Seng Index fell 0.8 per cent to 23,349.92 as of 10.04am. The Hang Seng Tech Index dropped 0.9 per cent.
On the mainland, the CSI 300 Index slid 0.3 per cent, and the Shanghai Composite Index shed 0.1 per cent.
Wuxi Biologics slumped 3.3 per cent to HK$23.30,…Hong Kong stocks retreated on Monday as the US attack on Iran’s nuclear facilities escalated the military conflict in the Middle East, weighing on appetite for risk assets and fuelling concerns about disruption of global oil supply.
The Hang Seng Index fell 0.8 per cent to 23,349.92 as of 10.04am. The Hang Seng Tech Index dropped 0.9 per cent.
On the mainland, the CSI 300 Index slid 0.3 per cent, and the Shanghai Composite Index shed 0.1 per cent.
Wuxi Biologics slumped 3.3 per cent to HK$23.30,…  Read More 

​Business – South China Morning Post