The Shanghai Composite Index rose 0.4% to 4,059 on Monday, while the Shenzhen Component Index gained 0.7% to close at 15,705, lifted by improving risk sentiment as shipping activity through the Strait of Hormuz showed signs of recovery. After a spate of unexplained vessel U‑turns and route diversions disrupted traffic in the strategic waterway, oil and gas flows along a US‑protected transit corridor began to normalize, easing fears of potential supply disruptions.
Domestically, investors focused on key inflation data due later this week. Consumer inflation is expected to remain unchanged at 1.2%, while producer price inflation is projected to edge up to 4.1% from 3.9%.
On the corporate front, notable gainers included CNOOC Limited (up 3.5%), Zijin Mining Group (up 5.8%), and Shenzhen Longsys Electronics (up 12.5%). In contrast, CATL slipped 0.4% after investing in CarbonScape Ltd. to expand bio‑based graphite production in response to rising demand from the electric vehicle and energy storage sectors.
