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Shanghai Stocks Close at 10-Year High as Iran Conflict Boosts Energy and Gold Shares; HK Drops

Shanghai stocks closed at a 10-year high on Monday, bucking regional weakness in the wake of the Iran conflict as investors snapped up energy, gold and defense shares. Mainland sentiment was supported by expectations that Beijing may step in to steady markets ahead of a ...
Leading from the “Global Middle”: China’s Bid to Host the New Ocean Treaty
Fishermen conduct abalone management and protection operations at sea in the waters of Xiaocheng Town, Lianjiang County, Fuzhou City, Fujian Province, China, on March 14, 2026. (Photo by Costfoto/NurPhoto) (Photo by CFOTO / NurPhoto / NurPhoto via AFP)
"China's financial commitments are simply more tangible and easier to grasp than those of Europe," one delegate from an island state remarked to me on a bright spring day in late March, as we both gazed out at the East River from the United Nations Headquarters. Behind us, in airless ...

Shanghai Stocks Close at 10-Year High as Iran Conflict Boosts Energy and Gold Shares; HK Drops

Shanghai stocks closed at a 10-year high on Monday, bucking regional weakness in the wake of the Iran conflict as investors snapped up energy, gold and defense shares. Mainland sentiment was supported by expectations that Beijing may step in to steady markets ahead of a ...
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