Published on 08/11/2026 at 12:47 am EDT
(Reuters) - Mainland Chinese stocks were mixed, while Hong Kong shares edged lower on Tuesday, as investors reassessed prospects for an end to the U.S.-Iran conflict that has boosted global oil prices.
** At the midday break, the benchmark Shanghai Composite index eased 0.1%, while the blue-chip CSI300 index gained 0.2%.
** The smaller Shenzhen index was up 0.4%, the start-up board ChiNext Composite index was higher by 1.4% and Shanghai's tech-focused

STAR

50 index inched 0.2% higher.
** U.S. President Donald Trump on Monday responded to Iran's conditions for a peace deal with his own demands that Iran pay compensation for people killed in wars, attacks and protests, in a rhetorical escalation likely to complicate efforts to reopen the Strait of Hormuz.
** Oil prices steadied on Tuesday at more than one-week highs amid fading hopes of a deal between the U.S. and Iran to end their war and reopen the Strait of Hormuz.
** "Attacks on shipping and oil infrastructure in the Middle East over the weekend, together with Iran's renewed demand for concessions and rejection of direct negotiation with U.S., added further uncertainty to the prospect of reopening the Strait of Hormuz," analysts at OCBC said in a note.
** In China, non-ferrous metal stocks led the declines in morning deals, with a sub-index tracking the sector falling 1.5%.
** Chinese robot maker Unitree said on Monday its $900 million Shanghai initial public offering was more than 8,000 times oversubscribed by retail investors, reflecting investor fever.
** In Hong Kong, the benchmark Hang Seng index lost 0.6%, and the city's tech shares dropped 1.3%.
** Separately, investors awaited signals from U.S. inflation data due later this week for more clues on how the Iran conflict has fanned price pressures, which could affect the Federal Reserve's policy outlook after last week's weak employment report tempered rate hike expectations. (Reporting by Shanghai Newsroom; Editing by Harikrishnan Nair)

Sumber : Reuters