Geopolitical risks have risen sharply, market sentiment has deteriorated, and the outside world has plummeted.
The VIX index, which reflects investors' panic, rose 24% to 33.52 on Tuesday. Investors tended to park their funds in safe-haven assets, triggering the dollar index to break through the 102 level.
Risk assets were under selling pressure, US stocks plunged, the Dow fell more than 800 points, and the Nasdaq plunged nearly 4%.
The Asia-Pacific region opened with "relay" losses this morning, with Japanese stocks opening 2% lower.
[09:25] Hong Kong stocks opened lower by 211 points
The Hang Seng Index opened 211 points lower at 19,723 points, the H-Share Index opened 65 points lower at 6,682 points, and the KSE Index opened 49 points lower at 3,865 points.
HSBC (0005) opened 4.5% lower at 47.25 yuan this morning, its weakness remained unchanged after the quarterly results were announced, its subsidiary Hang Seng (0011) opened 0.7% lower, and Standard Chartered (2888) opened 2.2% lower.
In terms of technology stocks, Meituan (3690) opened 0.5% lower at 144.6 yuan, Tencent (0700) opened 1.1% lower, and Alibaba (9988) fell 0.6%.
Haidilao (6862) opened 2.2% lower at 13.2 yuan.
[08:33] Japanese stocks fell 2% in early session
Japanese stocks extended losses in early trading, with the Nikkei 225 index now down 2.2 percent, or 587 points, at 26,112 points.
HSI night futures fell 262 points to 19711 points, 223 points lower than the spot.
HSBC ADR closed at 46.82 yuan in Hong Kong dollars, down more than 50% from yesterday's (26th) closing in Hong Kong.
As for U.S. stocks overnight, the Dow fell 809.28 points, or 2.4%, to close at 33,240 points; the benchmark index fell 120.92 points, or 2.8%, to close at 4,175 points; the Nasdaq Composite fell 514 points, or nearly 4%, to close at 12,490 points.
In news, the United States and its allies ignored Russian warnings and pledged to supply Ukraine with heavy weapons.
Russia's foreign minister warned the world not to underestimate the considerable risk of a possible nuclear war, saying that NATO's supply of arms to Ukraine "essentially" amounted to a "proxy war" with Russia.
At the same time, TVB replayed the classic drama "Heaven and Earth Man" starring Zheng Shaoqiu ("Qiu Guan") last night, and many commentators have taken to social platforms to lament that it was the "Adam Cheng effect".
"Heaven and Earth Man" is a 65-episode classic long drama that premiered in 1996, and the lesson "Qiuguan Effect", also known as "Ding Crab Effect", means that every time a series starring Qiuguan is broadcast, it will attract The stock market fell to varying degrees.