Hong Kong share soar, while other Asian markets sink as tensions escalate in the Middle East
With Shanghai and other markets in China closed, trading crowded into Hong Kong. Hong Kong-traded shares in China Vanke, one of many real estate developers squeezed by a crackdown on borrowing that pushed the industry into a slump, jumped 10%. Longfor Holdings Group snapped up 19.8% and appliance maker Midea surged 4.2%.