Apr 9, 2026, 11:42 GMT+7
Reuters - China and Hong Kong stocks fell on Thursday, as markets reassessed the prospects for a short-term ceasefire after renewed violence in the U.S.-Israeli war with Iran.
** China's blue-chip CSI300 Indexdropped 0.6% by the lunch break, while the Shanghai Composite Indexlost 0.7%. The Hong Kong benchmark Hang Sengwas down 0.4%.
** Israel pounded Lebanon with its heaviest strikes yet on Wednesday, killing hundreds of people and drawing a threat of retaliation from Iran, which suggested it would be "unreasonable" to proceed with talks to forge a permanent peace deal with the United States.
** "The two-week ceasefire is barely a day old, and it seems there are already cracks forming, even as financial markets remained relatively buoyant," said analysts at MUFG .
** Consumer stapleand financialshares led declines onshore, down 1.4% and 1.3%, respectively.
** Energy shares rebounded onshoreand offshore, up 0.3% and 0.6%, respectively, as oil prices rose.
** Tech giants listed in Hong Kongreversed gains to fall 1.3%.
** Analysts at BOC International saw a rebound and an allocation opportunity in China's non-ferrous metals sector. Frequent geopolitical flare-ups have fragmented supply, while rigid resource supply and shifts in the global monetary landscape - seen as weakening the dollar-centric credit system - could jointly catalyse both the industry outlook and the asset's financial appeal, the analysts said.
** Investors are awaiting China's first-quarter inflation print due on Friday to gauge domestic demand.

Sumber : Reuters