The Shanghai Composite edged down 0.1% to 4,082 on Tuesday, while the Shenzhen Component fell 0.8% to 14,869, trimming gains from the previous session as market sentiment was dampened by lingering uncertainties surrounding US–Iran diplomacy. President Trump reviewed Iran’s latest proposal to resolve the prolonged conflict but reaffirmed key “red lines,” including preventing Tehran from developing nuclear weapons. Meanwhile, the Strait of Hormuz remained effectively shut, raising concerns about global energy supply disruptions. Tech stocks also weighed on the market, with Zhongji Innolight down 3.4% and Eoptolink Technology falling 2% after China ordered Meta to unwind its acquisition of Manus AI, underscoring tighter AI oversight and technology leakage concerns. Meanwhile, Contemporary Amperex Technology fell 2% to a one-week low after announcing a $5 billion discounted share placement and signed a three-year sodium-ion battery deal with Beijing HyperStrong.

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