The Shanghai Composite fell 0.2% to around 4,233, though it remained near its strongest level since July 2015, while the Shenzhen Component declined 0.9% to 15,950, as investors closely monitored the highly anticipated summit between US President Donald Trump and Chinese President Xi Jinping. The meeting, viewed as a pivotal moment for US-China relations, is expected to address a broad range of sensitive issues, including the Iran conflict, trade and tariffs, AI, and Taiwan. Trump is reportedly expected to urge Beijing to use its ties with Tehran to help reopen the Strait of Hormuz, though he has downplayed the Iran conflict as the main focus of talks. The long-anticipated summit had been delayed for weeks due to tensions surrounding the Iran conflict, with investors now watching for signs of a diplomatic breakthrough that could bolster global market sentiment. Notable laggards included Cambricon Technologies (-2.2%), Luxshare Precision Industry (-4.1%), and Shennan Circuits (-4.0%).

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