Mumbai, April 1 -- China's stock markets moved higher on Wednesday, supported by improved sentiment across Asia and hopes of a possible de-escalation in the Middle East conflict. The Shanghai Composite rose 1.5% to close at 3,949, while the Shenzhen Component gained 1.7% to 13,707.

Investor confidence improved after comments from Donald Trump, who indicated that US military operations in Iran could end within two to three weeks. At the same time, Masoud Pezeshkian signaled openness to ending hostilities if certain conditions are met.

Market sentiment was also supported by corporate activity, with 43 companies listed in Shanghai and Shenzhen announcing share buybacks totaling 25.6 billion yuan-the highest level in nearly a year-helping o...