The Shanghai Composite rose 0.5% to above 4,110, while the Shenzhen Composite gained 1.6% to 14,290 on Tuesday, reversing losses from the previous session amid hopes that the Iran war could soon end. US President Donald Trump said the US military operation in Iran is nearing its conclusion and running well ahead of the initial four- to five-week estimated timeframe. Oil prices also retreated sharply as Trump unveiled plans to keep energy costs in check, easing fears of prolonged economic disruption and resurgent inflation. Still, China is expected to weather oil price shocks better than other major economies due to its vast crude stockpiles and diversified energy sources. Tech and new energy stocks led the rebound, with gains from Suzhou TFC (8.9%), Zhongji Innolight (2.2%), Victory Giant (6.2%), Contemporary Amperex (6%), and China Energy Engineering (9.9%).
