The Shanghai Composite rose 0.15% to around 4,140, while the Shenzhen Component fell 0.6% to 14,378 on Thursday, with mainland stocks showing mixed performances as investors continued to weigh Middle East tensions and surging oil prices. In recent developments, Iraq halted operations at its oil terminals after two tankers were targeted in Iraqi waters, highlighting elevated supply risks in the region. Meanwhile, the IEA approved its largest-ever emergency release of 400 million barrels of oil, though markets viewed the measure as insufficient. China remains relatively well positioned to weather the supply shock after years of prioritizing energy security through building reserves and diversifying energy sources. Among individual stocks, notable gains were seen in China Energy Engineering (5.5%), Accelink Technologies (7.7%), and Sanan Optoelectronics (7.2%), while sharp losses hit Huagong Tech (-3.7%), Beijing Teamsun (-4.5%), and Eoptolink Technology (-2.5%).
