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China Shares Open Mixed as US-Iran Tensions Rattle Investors

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Chinese shares opened mixed on Monday as escalating Middle East geopolitical tensions continued to influence investor sentiment.

The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.4% lower to 3,891.18. The Shenzhen Component Index rose 0.2% to 14,118.02.

The mixed performance came as U.S. Treasury Secretary Scott Bessent warned an "economic D-Day is coming for Iran," threatening countries that continue doing business with Tehran,.

Iran's security chief Mohsen Rezaei responded by vowing to "neutralize the economic war" and threatening to halt all oil exports through the Strait of Hormuz if U.S. pressure continues, according to CNN reports.

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