On Tuesday, China's major stock indices experienced slight increases, with the Shanghai Composite climbing 0.07% to reach 4,085, marking its highest level in a month. The Shenzhen Component also saw a modest gain of 0.1%, closing at 14,982. These gains came after reports of potential US-Iran ceasefire negotiations, which may involve US officials traveling to Pakistan for discussions. Despite this optimism, former President Donald Trump expressed skepticism about the likelihood of extending the current two-week ceasefire, emphasizing ongoing concerns regarding the blockade of the Strait of Hormuz. Additionally, Xi Jinping, the President of China, called for an immediate ceasefire and the resumption of normal shipping through the strait, highlighting the associated global economic risks. The market's positive movement was primarily supported by gains in financial and technology stocks, including notable companies such as Industrial and Commercial Bank of China, China Construction Bank Corporation, Contemporary Amperex Technology, and Zhongji Innolight.