News

Air Transat suspends flights to Cuba until April 30, 2026.

The trend of Hong Kong biopharmaceutical stocks rebounded. Immune Onco (01541.HK) rose by more than 7%, Antengene (06996.HK) rose by more than 6%, Connoya (02162.HK) and Ascletis Pharmaceuticals (01672.HK) both rose by more than 5%, and Laika Pharmaceuticals (02105.HK) followed suit.

Japanese Finance Minister Katayama Satsuki: Food sales tax reduction will be a temporary measure before the introduction of the tax credit system.

Japanese Finance Minister Katayama Satsuki: We plan to discuss the possibility of using all the surplus, but we have not yet reached a conclusion on this.

Japanese Finance Minister Katayama Satsuki: (When asked whether reserve surpluses will be used to fund consumption tax cuts) Foreign exchange reserve surpluses have been used in the past.

Japanese Finance Minister Katayama Satsuki: There will be in-depth discussions on how to initiate food sales tax reductions.

Japanese Finance Minister Katayama Satsuki: We will ensure that the impact of delays in budget passage on households is mitigated.

Japanese Finance Minister Katayama Satsuki: Strive to pass next year’s budget and tax reform as soon as possible.

According to the Wall Street Journal: US President Trump will overturn a landmark climate ruling in a massive regulatory rollback.

Indonesian Stock Exchange: FTSE requested that the implementation of the reform plan should proceed according to the established timetable.

Hong Kong stocks' pharmaceutical outsourcing concept stocks fluctuated and strengthened. Zhaoyan New Drug (06127.HK), WuXi Biologics (02269.HK), and Viva Biotech (01873.HK) all rose by more than 3%. Tigermed (03347.HK), WuXi AppTec (02359.HK), and Asymchem (06821.HK) all rose by more than 2.5%.

Hong Kong artificial intelligence stocks rose again. Yunzhisheng (09678.HK) rose by more than 13%. China Literature (00772.HK), Zhipu (02513.HK), and MINIMAX-WP (00100.HK) all rose by more than 6%. Zhihu (02390.HK), Kuaishou (01024.HK), and Horizon Robot (09660.HK) all rose by more than 4%.

South Korea’s Finance Minister: It will take three months to formulate a special law on U.S. investment.

South Korea’s Finance Minister: Plans to establish a system for reviewing U.S. investment projects before the bill is passed by the South Korean Congress.

Lexin Outdoor (02720.HK) opened over 96% higher on its first day of trading in Hong Kong, at HK$24.02 per share.

FTSE Russell: Will postpone Indonesia’s March 2026 index review.

U.S. military: Launched a strike on a ship in the Eastern Pacific, killing two people and leaving one person alive.

Japan's 5-year government bond yield fell 2.5 basis points to 1.715%.

Australia's NAB business confidence index in January was 3, compared with the previous value of 3.

Australia's NAB business climate index in January was 7, compared with the previous value of 9.