--- title: "Shanghai stocks retreat from decade high; HK extends losses on Mideast conflict" type: "News" locale: "en" url: "https://longbridge.com/en/news/277562405.md" description: "Shanghai stocks retreated from a decade high, with the Shanghai Composite index down 0.07% and the CSI300 Index slipping 0.13%. Hong Kong's Hang Seng Index lost 0.29% amid rising tensions from the Middle East conflict, impacting market sentiment. Defense stocks fell 5.57%, while energy stocks rose 5.85% due to increased oil prices. Analysts noted that the conflict could positively affect China's PPI and warned of potential shipping disruptions. Additionally, talks between Beijing and Washington on investment are underway, with attention on China's upcoming parliamentary meeting for economic targets." datetime: "2026-03-03T04:47:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277562405.md) - [en](https://longbridge.com/en/news/277562405.md) - [zh-HK](https://longbridge.com/zh-HK/news/277562405.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277562405.md) | [繁體中文](https://longbridge.com/zh-HK/news/277562405.md) # Shanghai stocks retreat from decade high; HK extends losses on Mideast conflict ### Related Stocks - [CSI 300 (000300.CN)](https://longbridge.com/en/quote/000300.CN.md) - [Hang Seng Index (00HSI.HK)](https://longbridge.com/en/quote/00HSI.HK.md) - [SSE Index (000001.CN)](https://longbridge.com/en/quote/000001.CN.md) ## Related News & Research - [China non-manufacturing activity slumps in February, PMI shows](https://longbridge.com/en/news/277705618.md) - [Hong Kong 2026-27 budget: ‘Symphony of Lights’ to go dark under tourism revamp](https://longbridge.com/en/news/276972290.md) - [Hyundai Glovis prepares contingency plans, including securing alternative routes and ports, in response to Middle East conflict](https://longbridge.com/en/news/277547343.md) - [Hong Kong, Shanghai sign pact on digital trade finance, cross-border data link](https://longbridge.com/en/news/277451786.md) - [China's factory activity expands at quickest pace in over 5 years, private PMI shows](https://longbridge.com/en/news/277706207.md)