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The report discusses the impact of the Russia-Ukraine conflict on the Hong Kong stock market. The conflict has led to significant impacts on global financial markets, with commodity prices soaring and crude oil prices reaching US$130 per barrel. However, recent negotiations have conveyed positive signals, and the two sides have prepared a ceasefire withdrawal plan under certain conditions. Investor panic has subsided, and global stock markets have rebounded. The report also notes that Russia's economic outlook is relatively pessimistic under the pressure of sanctions, and the full scale of sanctions against Russia could change the existing global trade and economic and financial order.
