China’s key Shanghai Composite index SSEC dipped 0.53 percent by midday, according to Reuters, with the CSI300 Index CSI300 experiencing a 0.74 percent decline.
The news service noted that Hong Kong’s main Hang Seng Index HSI dropped 1.1 percent, with a notable decline of 2.2 percent in shares of the technology firm HSTECH.
As previously reported, stock markets in Japan and South Korea are also experiencing a downturn, while oil prices have surged by more than $5 a barrel following President Donald Trump’s commitment to intensify pressure on Iran over the next two to three weeks.
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