HK Stocks Extend Losses as Iran Conflict Clouds Outlook

2026-03-27 02:09 By Nicole Aliyah 1 min. read

The Hang Seng Index fell 0.4% to around 24,753 on Friday, extending losses from the previous session as geopolitical tensions in the Middle East continued to weigh on risk sentiment following a sharp selloff on Wall Street.

Investors remained cautious despite President Donald Trump’s decision to extend the deadline for Iran to reach a deal by 10 days, as uncertainty persisted over the conflict’s direction.

Sentiment weakened further after reports that the United States is considering deploying up to 10,000 additional troops to the Middle East, raising fears of prolonged instability.

Oil prices remained volatile, with Brent crude fluctuating before stabilizing near $107 per barrel, still elevated amid supply disruptions linked to the Strait of Hormuz.

The sustained surge in energy prices continued to fuel inflation concerns and dampen global risk appetite.

Early losers included Meituan Class B (-0.6%), Tencent Holdings (-0.9%), AIA Group (-3.39%), and Techtronic Industries (-0.9%).



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HK Stocks Extend Losses as Iran Conflict Clouds Outlook
The Hang Seng Index fell 0.4% to around 24,753 on Friday, extending losses from the previous session as geopolitical tensions in the Middle East continued to weigh on risk sentiment following a sharp selloff on Wall Street. Investors remained cautious despite President Donald Trump’s decision to extend the deadline for Iran to reach a deal by 10 days, as uncertainty persisted over the conflict’s direction. Sentiment weakened further after reports that the United States is considering deploying up to 10,000 additional troops to the Middle East, raising fears of prolonged instability. Oil prices remained volatile, with Brent crude fluctuating before stabilizing near $107 per barrel, still elevated amid supply disruptions linked to the Strait of Hormuz. The sustained surge in energy prices continued to fuel inflation concerns and dampen global risk appetite. Early losers included Meituan Class B (-0.6%), Tencent Holdings (-0.9%), AIA Group (-3.39%), and Techtronic Industries (-0.9%).
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