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Popular Chinese concept stocks explode collectively

On the evening of the 15th, Beijing time, the Nasdaq China Golden Dragon Index rose nearly 4%. In terms of individual stocks, Miniso surged by more than 10%, SoYoung and Canadian Solar rose by more than 9%, Shell, Alibaba, and BOSS Direct rose by more than 7%.…

South Korea's KOSPI index decline expanded to 7%

South Korea's KOSPI index's decline expanded to 7%. SK Hynix fell more than 11%, and Samsung Electronics fell more than 9%. Earlier, the Bank of Korea announced a 25 basis point interest rate hike.

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Bank of Korea raises interest rates for first time since 2023

In response to the inflationary pressure caused by the conflict between the United States and Iran, the Bank of Korea raised its benchmark interest rate for the first time in three and a half years, joining the global tightening of monetary policy. The Bank of…