China Stocks Track Asian Peers Higher
2026-05-25 02:13
By
Czyrill Jean Coloma
1 min. read
The Shanghai Composite rose 0.3% to 4,124 on Monday, while the Shenzhen Component edged up 0.2% to 15,620, tracking gains across Asian peers as market sentiment was buoyed by signs of de-escalating Middle East tensions.
Senior US officials remarked over the weekend that Washington and Tehran are nearing an agreement to reopen the Strait of Hormuz and restore global oil flows.
However, the deal is on a knife-edge, as Trump refuses to rush and Iran warns the framework could still collapse.
Meanwhile, Beijing has instituted a sweeping crackdown on illicit cross-border trading in a bid to curb capital outflows.
Under these new mandates, authorities have warned of severe actions against prominent brokerages and ordered that all non-compliant accounts be fully liquidated within a two-year transitional framework.
Notable performers included BYD (2.9%), Foxconn Industrial Internet (2.5%), Luxshare Precision Industry (1.3%), and Bank of China (1%).