Chinese Shares Trade Mixed Amid Geopolitical Turmoil; Tianma Microelectronics Down 4%

Published on 03/16/2026 at 03:28 am EDT
(MT Newswires) -- Chinese shares were mixed on Monday as the deepening Iran war is driving oil prices higher, raising China's input costs and weakening global demand.
The Shanghai Composite Index, the main gauge of Chinese stocks, declined 0.3% to 4,084.79. The Shenzhen Component Index edged up 0.2% to 14,307.58. Both indices were up for a second straight session.
U.S. President Donald Trump urged China to help restore shipping through the Strait of Hormuz before his planned summit with Chinese leader Xi Jinping later this month, warning the disruption could shock global energy markets, the Financial Times reported.
The waterway was effectively shut after a conflict involving Iran escalated following U.S. and Israeli military action. Oil prices have jumped about 45% since the war, reaching around $106 a barrel.
On the domestic front, China's urban surveyed unemployment rate reached 5.3% in the January-February period, unchanged from a year ago. The figure edged up from the average of 5.2% in 2025.
In company news, Tianma Microelectronicsposted 2025 attributable net profit of 167.4 million yuan, compared with loss of 668.6 million yuan the previous year. Shares of the in-car screen manufacturer closed 4% lower Monday.

Sumber : MT Newswires