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Hong Kong stocks opened higher and closed higher, with the Hang Seng Index rising 2.53% and the Hang Seng Tech Index gaining 3.34%. Most leading tech stocks and non-ferrous metal concept stocks performed strongly, with Meituan (03690.HK) up 5.2%, Ali

2026-02-23

Hong Kong stocks opened higher and closed higher, with the Hang Seng Index rising 2.53% and the Hang Seng Tech Index gaining 3.34%. Most leading tech stocks and non-ferrous metal concept stocks performed strongly, with Meituan (03690.HK) up 5.2%, Alibaba (09988.HK) up 3.4%, and Zijin Mining (02899.HK) up 5.3%. Zhipu (02513.HK) fell 22%.

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2026-02-23

[Bank of Korea: Chip Boom to Significantly Boost GDP Growth] The Bank of Korea (BOK) stated that supported by a booming semiconductor industry and a stronger-than-expected global economic environment, South Korea's export-oriented economy is expected

[Bank of Korea: Chip Boom to Significantly Boost GDP Growth] The Bank of Korea (BOK) stated that supported by a booming semiconductor industry and a stronger-than-expected global economic environment, South Korea's export-oriented economy is expected to achieve "significantly higher" growth this year compared to last year. The BOK told the National Assembly that the semiconductor market is experiencing a cycle stronger than any previous bull run and is likely to maintain its stronger momentum for at least the year. These remarks come as the BOK is scheduled to release its latest economic growth and inflation forecasts on Thursday. Analysts expect the bank to raise its 2026 GDP growth forecast from 1.8% in November to approximately 2%. The market widely expects policymakers to keep the benchmark interest rate unchanged at 2.5%. Preliminary data from the BOK showed that the South Korean economy grew by 1% last year.
2026-02-23

[Over 160,000 Passengers! Shanghai Ports See Record High Daily Passenger Flow] As the Spring Festival holiday draws to a close, Shanghai ports are experiencing a peak in inbound and outbound passenger traffic. On February 22, Shanghai ports saw a rec

[Over 160,000 Passengers! Shanghai Ports See Record High Daily Passenger Flow] As the Spring Festival holiday draws to a close, Shanghai ports are experiencing a peak in inbound and outbound passenger traffic. On February 22, Shanghai ports saw a record high of over 160,000 passengers processed in a single day. Of these, 133,000 were processed at Pudong and Hongqiao International Airports, while the cruise terminal saw two ships docking simultaneously, handling 26,000 passengers.
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