China: Stocks Rise for Second Session.

The Shanghai Composite rose 0.25% to close at 4,133 while the Shenzhen Component gained 0.78% to 14,465 on Wednesday, with mainland stocks advancing for a second straight session as lower oil prices eased concerns about resurgent inflation and boosted risk appetite. Oil prices came under pressure after the International Energy Agency proposed the largest release of oil reserves in its history to help stabilize markets. China is also relatively well positioned to weather the oil supply shock after prioritizing energy security for years through building reserves and diversifying energy sources. Still, markets grappled with heightened uncertainty surrounding the Iran war amid mixed signals from the Trump administration. New energy stocks led gains, including Sungrow Power (9.5%), Contemporary Amperex (5.5%), and EVE Energy (7.9%). Tech stocks also advanced, with Huagong Tech up 9.2%, Zhongji Innolight 1.4%, and Beijing Teamsun 2.7%.