---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39429406.md"
description: "Tencent, Alibaba, Zijin Mining, Zijin Gold International, Hong Kong Exchanges and Clearing, HSBC stocks, if the Strait of Hormuz remains closed until the end of April (an additional 5-6 weeks of supply shock, oil prices in the $120-150 range, leading to inflation/stagflation concerns, rising energy costs, and risk-off sentiment).- Internet/e-commerce stocks (Tencent, Alibaba) are strongly negative (similar to the Magnificent 7, as Chinese consumption and cloud business are dragged down).- Mining/gold stocks (Zijin Mining, Zijin Gold International) benefit positively (high oil prices + geopolitical tensions boost gold's safe-haven demand and copper/mineral prices)."
datetime: "2026-03-22T14:35:54.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39429406.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39429406.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39429406.md)
author: "[浩浩小课堂](https://longbridge.com/en/profiles/19784218.md)"
---

# Tencent, Alibaba, Zijin Mining, Zijin Gold Interna…


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