<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Asian-investors-check-stock-prices-as-markets-rebound.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Asian-investors-check-stock-prices-as-markets-rebound.png"/></p>
<p>亚洲市场在周一经历了急剧下跌，原因是对伊朗在霍尔木兹海峡的 48 小时最后通牒。</p>
<p>特朗普在周六发出了最后通牒，表示美国将 “摧毁” 伊朗的电力设施，除非德黑兰在 48 小时内完全重新开放海峡。</p>
<p>伊朗回应警告称，任何此类袭击将导致对美国在海湾的能源基础设施的攻击，并使霍尔木兹海峡的关闭时间延长。</p>
<p>紧张局势的升级使得亚洲的交易者在本周初面临更大的问题，因为没有明显的外交出路，但一个明确的最后期限正在逼近。</p>
<h2>日经 225 指数和韩国综合指数下跌超过 5%</h2>
<p>影响的主要部分体现在日本和韩国，投资者在地缘政治紧张局势加剧的情况下急于平仓。</p>
<p>日本的日经 225 指数在开盘时下跌了约 2000 点（-5%），而更广泛的东证指数下跌了约 4.4%。</p>
<p>此次抛售发生在日本依赖中东约 95% 的石油进口的背景下，约 70% 的石油通过霍尔木兹海峡运输。</p>
<p>韩国的趋势类似，Kospi 指数大约下跌了 6%，而 Kosdaq 指数下跌了约 5%，投资者抛售了出口导向和能源敏感的股票。</p>
<p>韩国指数在 Kospi 200 期货指数下跌超过 5% 后短暂触发了熔断机制，这一罕见的干预反映了抛售的速度。</p>
<p>香港的恒生指数下跌 2.6%，至 24,595.54 点，而恒生科技指数下跌 2.4%。</p>
<p>其他地方的损失较为广泛，但相对较小。澳大利亚的 ASX 200 下跌约 2.4%，中国市场也表现疲软。</p>
<p>CSI 300 指数下跌 1.8%，而上海综合指数回落 2%。</p>
<p>印度市场开盘时趋势相似，Sensex 指数下跌 1,520.65 点或 2.04%，至 73,012.31 点，而 Nifty 指数下跌 464.65 点或 2.01%，至 22,649.85 点。</p>
<h2>导致抛售的油价冲击</h2>
<p>尽管股市抛售的主要原因是油价，但最近的发展使得这一故事超出了原油的范畴。</p>
<p>上周，伊朗袭击了卡塔尔的主要液化天然气设施，该设施为欧洲提供了大量天然气。</p>
<p>卡塔尔当局关闭了该设施，报告称，修复预计需要三到五年。</p>
<p>这很重要，因为它将油价冲击转变为更广泛的燃料冲击，影响亚洲的电力价格、化肥、运输和工业生产。</p>
<p>在撰写本报告时，布伦特原油价格徘徊在每桶 107 美元左右，而 WTI 原油价格为每桶 98.91 美元，上涨 0.69%。</p>
<p>对于日本和韩国这样的市场，损害并非理论上的。</p>
<p>更高的原油价格直接影响运输成本、公用事业账单和投入价格，进而迅速影响盈利预期。</p>
<p>日经指数暴跌 2000 点，Kospi 下跌 6%，亚洲市场大幅下挫，首发于 Invezz。</p>

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<p>亚洲市场在周一大幅下跌，日本日经 225 指数下跌了 2000 点（-5%），韩国 Kospi 指数下跌 6%，原因是伊朗对霍尔木兹海峡的最后通牒引发的紧张局势升级。此次抛售是由于对石油冲击的担忧，因为日本在很大程度上依赖中东的石油进口。整个亚洲的损失更为广泛，香港恒生指数下跌 2.6%，印度市场也出现下滑。最近对卡塔尔液化天然气设施的攻击进一步加剧了对燃料供应和价格的担忧</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Asian-investors-check-stock-prices-as-markets-rebound.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/Asian-investors-check-stock-prices-as-markets-rebound.png"/></p>
<p>Asian markets experienced a sharp decline on Monday amid a 48-hour ultimatum issued to Iran over the Strait of Hormuz.</p>
<div class="lb-trans"><p>亚洲市场在周一经历了急剧下跌，原因是对伊朗在霍尔木兹海峡的 48 小时最后通牒。</p>
</div><p>Trump issued an ultimatum on Saturday, which said that the United States would “obliterate” Iran’s power facilities unless Tehran fully reopened the strait within 48 hours.</p>
<div class="lb-trans"><p>特朗普在周六发出了最后通牒，表示美国将 “摧毁” 伊朗的电力设施，除非德黑兰在 48 小时内完全重新开放海峡。</p>
</div><p>Iran responded by warning that any such strike would bring attacks on US energy infrastructure in the Gulf and a longer shutdown of Hormuz.</p>
<div class="lb-trans"><p>伊朗回应警告称，任何此类袭击将导致对美国在海湾的能源基础设施的攻击，并使霍尔木兹海峡的关闭时间延长。</p>
</div><p>The escalation of tensions left traders across Asia dealing with a bigger problem at the start of the week, as there was no visible diplomatic off-ramp, but a clear deadline was approaching.</p>
<div class="lb-trans"><p>紧张局势的升级使得亚洲的交易者在本周初面临更大的问题，因为没有明显的外交出路，但一个明确的最后期限正在逼近。</p>
</div><h2>Nikkei 225, Kospi fell over 5%</h2>
<div class="lb-trans"><h2>日经 225 指数和韩国综合指数下跌超过 5%</h2>
</div><p>The larger part of the impact was seen in Japan and South Korea, where investors rushed to square-off postions amid rising geopolitcal tenisons.</p>
<div class="lb-trans"><p>影响的主要部分体现在日本和韩国，投资者在地缘政治紧张局势加剧的情况下急于平仓。</p>
</div><p>Japan’s Nikkei 225 fell around 2,000 points (-5%) at the open, and the broader Topix dropped about 4.4%.</p>
<div class="lb-trans"><p>日本的日经 225 指数在开盘时下跌了约 2000 点（-5%），而更广泛的东证指数下跌了约 4.4%。</p>
</div><p>The selloff came as Japan relies on the Middle East for about 95% of its oil imports, with around 70% passing through Hormuz.</p>
<div class="lb-trans"><p>此次抛售发生在日本依赖中东约 95% 的石油进口的背景下，约 70% 的石油通过霍尔木兹海峡运输。</p>
</div><p>The trend was similar in South Korea, where Kospi slumped roughly 6%, and the Kosdaq lost about 5% as investors dumped export-heavy and energy-sensitive names.</p>
<div class="lb-trans"><p>韩国的趋势类似，Kospi 指数大约下跌了 6%，而 Kosdaq 指数下跌了约 5%，投资者抛售了出口导向和能源敏感的股票。</p>
</div><p>South Korean indexes briefly triggered a circuit breaker after the Kospi 200 futures index fell more than 5%, a rare intervention that captured the speed of the selloff.</p>
<div class="lb-trans"><p>韩国指数在 Kospi 200 期货指数下跌超过 5% 后短暂触发了熔断机制，这一罕见的干预反映了抛售的速度。</p>
</div><p>Hong Kong's Hang Seng index fell 2.6% to 24,595.54 while the Hang Seng Tech Index dropped 2.4%.</p>
<div class="lb-trans"><p>香港的恒生指数下跌 2.6%，至 24,595.54 点，而恒生科技指数下跌 2.4%。</p>
</div><p>Elsewhere, losses were broad but more contained. Australia’s ASX 200 was down about 2.4%, and Chinese markets were also weaker.</p>
<div class="lb-trans"><p>其他地方的损失较为广泛，但相对较小。澳大利亚的 ASX 200 下跌约 2.4%，中国市场也表现疲软。</p>
</div><p>The CSI 300 Index tumbled 1.8%, and the Shanghai Composite Index retreated 2%.</p>
<div class="lb-trans"><p>CSI 300 指数下跌 1.8%，而上海综合指数回落 2%。</p>
</div><p>Indian markets opened with the trend as the Sensex was down 1,520.65 points or 2.04% at 73,012.31, while the Nifty was down 464.65 points or 2.01% at 22,649.85.</p>
<div class="lb-trans"><p>印度市场开盘时趋势相似，Sensex 指数下跌 1,520.65 点或 2.04%，至 73,012.31 点，而 Nifty 指数下跌 464.65 点或 2.01%，至 22,649.85 点。</p>
</div><h2>The oil shock behind the rout</h2>
<div class="lb-trans"><h2>导致抛售的油价冲击</h2>
</div><p>While the main engine behind the sell-off in equities is oil, the recent developments has seen the story stretch beyond crude.</p>
<div class="lb-trans"><p>尽管股市抛售的主要原因是油价，但最近的发展使得这一故事超出了原油的范畴。</p>
</div><p>Last week, Iran attacked Qatar's main LNG facility, which supplies a major part of European gas.</p>
<div class="lb-trans"><p>上周，伊朗袭击了卡塔尔的主要液化天然气设施，该设施为欧洲提供了大量天然气。</p>
</div><p>The Qatar authorities closed the facility, and as per the reports, the repairs are expected to take three to five years.</p>
<div class="lb-trans"><p>卡塔尔当局关闭了该设施，报告称，修复预计需要三到五年。</p>
</div><p>That matters because it turns an oil shock into a broader fuel shock, with consequences for power prices, fertilizers, shipping, and industrial production across Asia.</p>
<div class="lb-trans"><p>这很重要，因为它将油价冲击转变为更广泛的燃料冲击，影响亚洲的电力价格、化肥、运输和工业生产。</p>
</div><p>At the time of writing this report, the Brent crude prices are hovering around $107 a barrel, while the WTI crude stood at $98.91 per barrel, up 0.69%.</p>
<div class="lb-trans"><p>在撰写本报告时，布伦特原油价格徘徊在每桶 107 美元左右，而 WTI 原油价格为每桶 98.91 美元，上涨 0.69%。</p>
</div><p>For markets like Japan and South Korea, the damage is not theoretical.</p>
<div class="lb-trans"><p>对于日本和韩国这样的市场，损害并非理论上的。</p>
</div><p>Higher crude feeds directly into transport costs, utility bills, and input prices, and then quickly into earnings expectations.</p>
<div class="lb-trans"><p>更高的原油价格直接影响运输成本、公用事业账单和投入价格，进而迅速影响盈利预期。</p>
</div><p>The post Nikkei crashes 2,000 points, Kospi sinks 6% as Asian markets plunge appeared first on Invezz</p>
<div class="lb-trans"><p>日经指数暴跌 2000 点，Kospi 下跌 6%，亚洲市场大幅下挫，首发于 Invezz。</p>
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日经指数暴跌 2000 点，Kospi 下跌 6%，亚洲市场全线下挫