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USDCNY decreased to a 4-week low of 7.16. Over the past 4 weeks, US Dollar Chinese Yuan lost 0.18%, and in the last 12 months, it decreased 1.71%.

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The Shanghai Composite rose 1.15% to close at 3,421 while the Shenzhen Component climbed 1.68% to 10,218 on Tuesday, extending gains from the previous session after US President Donald Trump said that Iran and Israel have agreed to a ceasefire. Markets also shrugged off Iran’s retaliatory strike on a US base in Qatar, which caused no casualties, and took comfort in Iran’s decision to avoid disrupting the critical Strait of Hormuz. Domestically, investor focus turned to a key legislative meeting in Beijing, where officials are expected to review revisions to the anti-unfair competition law, with a particular emphasis on cyberspace regulation. Looking ahead, attention is also shifting to the upcoming July Politburo meeting for signals on potential economic stimulus. Leading gainers included East Money (+4.2%), Ping An Insurance (+3.1%), Contemporary Amperex (+2.6%), Hengbao Co (+5.6%), and Cambricon Technologies (+6.9%).

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The Shanghai Composite rose 1.15% to close at 3,421 while the Shenzhen Component climbed 1.68% to 10,218 on Tuesday, extending gains from the previous session after US President Donald Trump said that Iran and Israel have agreed to a ceasefire. Markets also shrugged off Iran’s retaliatory strike on a US base in Qatar, which caused no casualties, and took comfort in Iran’s decision to avoid disrupting the critical Strait of Hormuz. Domestically, investor focus turned to a key legislative meeting in Beijing, where officials are expected to review revisions to the anti-unfair competition law, with a particular emphasis on cyberspace regulation. Looking ahead, attention is also shifting to the upcoming July Politburo meeting for signals on potential economic stimulus. Leading gainers included East Money (+4.2%), Ping An Insurance (+3.1%), Contemporary Amperex (+2.6%), Hengbao Co (+5.6%), and Cambricon Technologies (+6.9%).

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The Shanghai Composite rose 1.15% to close at 3,421 while the Shenzhen Component climbed 1.68% to 10,218 on Tuesday, extending gains from the previous session after US President Donald Trump said that Iran and Israel have agreed to a ceasefire. Markets also shrugged off Iran’s retaliatory strike on a US base in Qatar, which caused no casualties, and took comfort in Iran’s decision to avoid disrupting the critical Strait of Hormuz. Domestically, investor focus turned to a key legislative meeting in Beijing, where officials are expected to review revisions to the anti-unfair competition law, with a particular emphasis on cyberspace regulation. Looking ahead, attention is also shifting to the upcoming July Politburo meeting for signals on potential economic stimulus. Leading gainers included East Money (+4.2%), Ping An Insurance (+3.1%), Contemporary Amperex (+2.6%), Hengbao Co (+5.6%), and Cambricon Technologies (+6.9%).