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Xi Jinping sent a congratulatory message to Kim Jong Un on his election as General Secretary of the Workers' Party of Korea.

2026-02-23

Xi Jinping sent a congratulatory message to Kim Jong Un on his election as General Secretary of the Workers' Party of Korea.

Other News
2026-02-23

Key News: 1. Trump announces tariffs on global goods to increase to 15%. 2. Hong Kong Financial Services and Treasury Director Chan Ho-lim: Aiming to expand gold storage in Hong Kong to over 2,000 tons within three years. Stock News: 1. China Bio

Key News: 1. Trump announces tariffs on global goods to increase to 15%. 2. Hong Kong Financial Services and Treasury Director Chan Ho-lim: Aiming to expand gold storage in Hong Kong to over 2,000 tons within three years. Stock News: 1. China Biotechnology Services completes issuance of convertible bonds with a principal amount of US$35 million. 2. CStone Pharmaceuticals-B (02616.HK): Sugemalimab receives Phase III approval from the UK MHRA for a new indication in small cell lung cancer. 3. ZTO Express (02057.HK) announces that it will repurchase 611,300 shares on February 20, 2026, for US$15.4678 million. 4. Kingboard Holdings (00148.HK): Expects net profit to exceed HK$4.32 billion in 2025, an increase of over 165% year-on-year. 5. Alibaba launches Qwen Coding Plan, with new users paying as little as 7.9 yuan per month. 6. Zhipu (02513.HK) issued an apology letter regarding its GLM Coding Plan and announced a compensation scheme. 7. Watsons is reportedly considering acquiring the Australian pharmacy chain Priceline. 8. Since 2026, the Hong Kong stock market has seen over HK$25.4 billion in share buybacks, with Tencent and Xiaomi among the companies making concentrated buybacks. 9. NIO (09866.HK) achieved nearly 176,000 battery swaps in a single day, setting a new record for the fourth consecutive day.
2026-02-23

[Analysis: Oil Prices Could Surge to $90-100 as US and Iran Face War] Energy market consultancy FGE NexantECA says oil prices could surge as war between the US and Iran appears imminent. “I think the US has no choice but to go to war,” said Ferreton

[Analysis: Oil Prices Could Surge to $90-100 as US and Iran Face War] Energy market consultancy FGE NexantECA says oil prices could surge as war between the US and Iran appears imminent. “I think the US has no choice but to go to war,” said Ferreton Fesharaki, honorary chairman of FGE NexantECA. “I find it hard to imagine them avoiding this war and turning back,” Fesharaki said, who has been watching the market for decades. “If the Iranians accept the US narrative, then the Iranian regime loses its legitimacy; they have to say ‘no’,” Fesharaki said. He added, “This time it will be different because the Iranians can do two things.” He cited possible attacks on neighboring Saudi Arabia, the UAE, and Kuwait, as well as the possibility of blocking the Strait of Hormuz. Fesharaki outlined several scenarios that could disrupt crude oil shipments in the region, suggesting oil prices could rise to $90 to $100 per barrel, depending on the severity of the situation.
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