FX.co ★ China Stocks Edge Up as Oil Retreats

The Shanghai Composite Index inched up 0.2% to around 3,820 on Tuesday, halting a three-session losing streak. Sentiment improved as a sharp decline in global oil prices and indications of delayed military escalation in the Middle East eased investor anxiety.

The rebound followed reports of a temporary postponement of US action against Iran, which helped reduce fears of a severe disruption to energy supplies and tempered inflation concerns. At the same time, lower bond yields diminished expectations for aggressive interest rate hikes, lending additional support to equities.

A broader regional recovery also underpinned the market, though continued uncertainty in the Strait of Hormuz and persistent geopolitical risks limited further gains. Among the notable advancers were Zijin Mining (+1.44%), Wuxi AppTec (+4.54%), Meili Cloud Computing (+6.96%), and CNPC Capital Company (+4.51%).