--- title: "Middle East conflict erupts, Hong Kong stocks' initial decline expands to over 500 points, Xiaomi and SUNNY OPTICAL each drop 4%, while the \"three oil giants\" rise against the trend" description: "Middle East conflict erupts, Hong Kong stocks initially drop over 500 points, Xiaomi and SUNNY OPTICAL each down 4%, \"three major oil companies\" rise against the trend" type: "news" locale: "en" url: "https://longbridge.com/en/news/277389261.md" published_at: "2026-03-02T01:56:40.000Z" --- # Middle East conflict erupts, Hong Kong stocks' initial decline expands to over 500 points, Xiaomi and SUNNY OPTICAL each drop 4%, while the "three oil giants" rise against the trend > Middle East conflict erupts, Hong Kong stocks initially drop over 500 points, Xiaomi and SUNNY OPTICAL each down 4%, "three major oil companies" rise against the trend Middle East conflict erupts, Hong Kong stocks initially drop over 500 points, Xiaomi and SUNNY OPTICAL each down 4%, "three oil giants" rise against the trend ### Related Stocks - [02382.HK - SUNNY OPTICAL](https://longbridge.com/en/quote/02382.HK.md) - [40016.HK - CNOOC F13 N4909](https://longbridge.com/en/quote/40016.HK.md) - [601857.CN - PETROCHINA](https://longbridge.com/en/quote/601857.CN.md) - [600028.CN - Sinopec Corp.](https://longbridge.com/en/quote/600028.CN.md) - [XIACY.US - Xiaomi Corporation](https://longbridge.com/en/quote/XIACY.US.md) - [00883.HK - CNOOC](https://longbridge.com/en/quote/00883.HK.md) - [05739.HK - CNOOC F14 N4404](https://longbridge.com/en/quote/05739.HK.md) - [00857.HK - PETROCHINA](https://longbridge.com/en/quote/00857.HK.md) - [00386.HK - SINOPEC CORP](https://longbridge.com/en/quote/00386.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Sunny Optical Advances Spin-Off and Hong Kong Listing of Vehicle Optics Unit | Sunny Optical Technology (Group) Co (HK:2382) announced plans to spin off its vehicle optics unit, SpinCo, through a sep | [Link](https://longbridge.com/en/news/273759633.md) | | Sunny Optical Files Next Day Disclosure Return to HKEX for Issue of (Number) New Shares at (Price) Each | Sunny Optical Technology (Group) Co. Ltd. has submitted a Next Day Disclosure Return to the Hong Kong Stock Exchange, in | [Link](https://longbridge.com/en/news/273491544.md) | | Xiaomi 17 is a small(ish) phone with a big(ish) battery | Xiaomi has launched its latest flagship phones, the Xiaomi 17 and 17 Ultra, globally, alongside a Leica-branded Leitzpho | [Link](https://longbridge.com/en/news/277311828.md) | | Omdia: Xiaomi Reclaims Wearable Band Crown for the First Time Since 2020 \| TTGT Stock News | Xiaomi has reclaimed the top position in the global wearable device market for the first time since 2020, capturing an 1 | [Link](https://longbridge.com/en/news/277215916.md) | | Air India: In view of developing situation in parts of the Middle East, all Air India flights to all destinations in Middle East have been suspended | Air India: In view of developing situation in parts of the Middle East, all Air India flights to all destinations in Mid | [Link](https://longbridge.com/en/news/277292416.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.