The Shanghai Composite fell 0.3% to 3,981 on Thursday, while the Shenzhen Component rose 0.4% to 15,013, as investor sentiment remained cautious amid renewed escalation of tensions in the Middle East. The US military carried out strikes on multiple targets in Iran for a second consecutive day, following President Trump's accusation that Tehran was stalling an interim peace agreement while warning of further attacks if Iran failed to sign a deal.
While China's strategic oil reserves and renewable capacity have mitigated the energy shock, sustained high energy costs could squeeze corporate profit margins and hurt household spending through rising consumer prices.
Among individual stocks, Eoptolink Technology tumbled 29% to a one-month low, while Zijin Mining (-2.1%), BYD (-0.6%), and Weichai Power (-3%) also declined.
Meanwhile, energy stocks PetroChina (1.4%) and CNOOC (2.1%) outperformed on surging oil prices amid Middle East tensions.
Sumber : Trading Economics
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