The Shanghai Composite Index rose 0.92% to close at 4,170, while the Shenzhen Component Index gained 0.26% to 15,570, erasing losses from the earlier session as investors welcomed new developments in the US–Iran peace agreement. President Trump said a planned strike on Iran had been called off after appeals from Gulf allies, adding there was now a “very good chance” of reaching a deal. Additional support for the rebound came as most tech stocks reversed earlier declines, with investors positioning ahead of earnings reports from Nvidia. In a similar vein, Nvidia CEO Jensen Huang stated that China will permit the import of AI processors from the US. Notable gainers included Cambricon Technologies (8.4%), Hygon Information Technology (2.76%), NAURA Technology (3.63%), and Huagong Tech (7.48%). On the monetary policy front, investors await Wednesday’s China loan prime rates, with markets expecting the one-year and five-year benchmarks to stay unchanged at 3.0% and 3.5%, respectively.