FX.co ★ China Stocks Rise on Easing Mideast Fears

The Shanghai Composite climbed 0.5% to above 4,110, while the Shenzhen Composite advanced 1.6% to 14,290 on Tuesday, reversing losses from the previous session amid optimism that the war in Iran may soon end. US President Donald Trump stated that the US military operation in Iran is nearing completion and progressing well ahead of the initially projected four- to five-week timeframe. Crude prices also fell sharply after Trump announced measures to keep energy costs in check, easing concerns over prolonged economic disruption and renewed inflationary pressures. Even so, China is expected to withstand oil price shocks better than most major economies, supported by sizable strategic crude reserves and a diversified energy mix. Tech and new-energy shares led the rebound, with notable gains in Suzhou TFC (8.9%), Zhongji Innolight (2.2%), Victory Giant (6.2%), Contemporary Amperex (6%), and China Energy Engineering (9.9%).