Hong Kong Stocks Open Lower on Renewed US-Iran Hostilities
MT Newswires Live
Sep 01
Hong Kong stocks fell at the start of Tuesday's trading session, following renewed tensions between the U.S. and Iran, which have revived higher oil prices and inflation fears.
The Hang Seng Index shed 0.6%, or 151 points, to 25,415.72. The Hang Seng China Enterprises Index also lost 0.6%, or nearly 54 points, to 8,459.32.
The U.S. conducted fresh airstrikes on Iran's Larak island, resuming military hostilities that had not occurred since late July. In response, Iran attacked American bases in Jordan.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.