China, Hong Kong shares rebound on hopes Middle East conflict eases
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China and Hong Kong stocks rebounded on March 10, with the CSI300 Index rising 1.1% and the Hang Seng Index up 1.6%, as optimism grew over a potential resolution to the Middle East conflict following comments from U.S. President Trump. Despite a general rise in risk sentiment, energy shares lagged, with onshore energy falling 3.6%. Analysts believe the Iran conflict will not impact the global economy as severely as previous crises, such as the Ukraine war.
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