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25/09/2026 09:55

Air China drops 3% to a one-year low, oil prices rise for second day as Iran threatens to expand conflict

  {Economic Information Bulletin, 25th} China Eastern Airlines (00670) is down 3.3%, at HK$2.47; China Southern Airlines (01055) down 2.9%, at HK$2.86; Air China (00753) down 1.9%, at HK$3.665; Cathay Pacific (00293) down 1%, at HK$14.25.

  Iran has threatened to expand the Middle East war into the Indian Ocean and other regions if further attacked by the U.S. or Israel. Overnight, oil prices continued to rise, with NYMEX crude climbing 2.66%, closing at USD 94.61 per barrel, and Brent crude surging 3.41%, closing at USD 106.6 per barrel.

  However, oil prices slightly retreated during the Asian session, with the latest NYMEX crude at USD 93.14 per barrel, down 1.55%; Brent crude at USD 105.77 per barrel, down 1.19%.

  Currently, the Hang Seng Index stands at 24,310, down 450 points or 1.8%, with turnover of nearly HK$19.6 billion on the main board. The Hang Seng China Enterprises Index is at 8,104, down 161 points or 2%. The Hang Seng Tech Index is at 4,251, down 109 points or 2.5%. (vs)
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