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Hong Kong stocks closed down 2.01%, with the Hang Seng Index down 0.96%. Oil and gas stocks and shipping stocks saw sharp pullbacks, with China Oil & Gas (00603.HK) falling 30%, Sinopec Oilfield Service (01033.HK) falling over 11%, and COSCO Shipping

2026-03-04

Hong Kong stocks closed down 2.01%, with the Hang Seng Index down 0.96%. Oil and gas stocks and shipping stocks saw sharp pullbacks, with China Oil & Gas (00603.HK) falling 30%, Sinopec Oilfield Service (01033.HK) falling over 11%, and COSCO Shipping Energy Transportation (01138.HK) falling over 10%.

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