11.06.202602:11:17UTC+00China Stocks Mixed on Middle East Jitters

The Shanghai Composite slipped 0.3% to 3,981 on Thursday, while the Shenzhen Component added 0.4% to close at 15,013, as investor sentiment stayed cautious amid a renewed escalation of tensions in the Middle East. The US military conducted strikes on multiple targets in Iran for a second straight day, after President Trump accused Tehran of stalling an interim peace agreement and warned of further attacks if Iran failed to sign a deal.

Although China’s strategic oil reserves and expanding renewable energy capacity have helped cushion the impact of the energy shock, a prolonged period of elevated energy prices could compress corporate profit margins and weigh on household spending through higher consumer prices.

At the stock level, Eoptolink Technology slumped 29% to a one‑month low. Other notable decliners included Zijin Mining (-2.1%), BYD (-0.6%), and Weichai Power (-3%). In contrast, energy names outperformed on the back of surging oil prices amid the regional tensions, with PetroChina up 1.4% and CNOOC gaining 2.1%.