"Asian Stocks" Asia-Pacific stock markets perform well, Taiwan, South Korea, and Singapore stocks hit record highs, MediaTek reaches the daily limit

Market concerns over the tensions between the US and Europe have eased, with the Dow Jones Industrial Average rising 0.6% on the night of the 22nd. The Asia-Pacific stock markets performed well, with Taiwan, South Korea, and Singapore hitting new highs, and MediaTek reaching its daily limit.

The RMB central parity rate broke through "7" to reach a high not seen in over two and a half years. The People's Bank of China conducted a seven-day reverse repurchase operation, with a net injection of 38.3 billion RMB for the day. On the same day, it also conducted a 900 billion RMB one-year medium-term lending facility operation. The Shanghai Composite Index rose 11 points or 0.3% to 4,133 points; the Shenzhen Component Index rose 33 points or 0.2% to 14,360 points. The Hang Seng Index rose 88 points or 0.3% to 26,718 points, with a turnover of 127.9 billion RMB.

The Taiwan Weighted Index rose 245 points or 0.8% to 31,991 points, reaching a new high of 32,042 points during the session. MediaTek surged 9.8% to its daily limit, while TSMC and Delta Electronics rose 0.5% and 1.2%, respectively. Foxconn fell 0.5%.

The Bank of Japan maintained its interest rate at 0.75%, but raised its economic growth and inflation forecasts. The Nikkei Average rose 127 points or 0.2% to 53,815 points. Advantest and Disko rose 3.5% and 1.9%, while SoftBank and Lattice Semiconductor fell 2.7% and 5.2%. South Korea's KOSPI rose 30 points or 0.6% to 4,982 points, reaching a new high of 5,021 points during the session. Samsung Electronics and Samsung Biologics rose 0.5% and 1.1%. Hyundai Motor fell 3.4%, reportedly due to local union opposition to replacing workers with robots.

India's Nifty 50 Index rose 9 points to 25,299 points. Tata Steel and Tata Consultancy Services rose 1.5% and 1.1%, while Tata Motors rose 0.8%. India's low-cost airline IndiGo reported a 78% drop in quarterly profits, with its stock price falling 2.1%.

The S&P/ASX 200 Index in Australia rose 9 points or 0.1% to 8,857 points. Gold mining stock Newmont rose 4.2%, while mining stock Rio Tinto fell 1.8%. The NZX 50 Index in New Zealand fell 108 points or 0.8% to 13,448 points.

The Straits Times Index in Singapore rose 56 points or 1.2% to 4,884 points, reaching a new high of 4,888 points during the session. UOB and OCBC Bank rose 4% and 3.1%, respectively, while DBS rose 0.9%. In other Southeast Asian markets, Malaysia and the Philippines fell 0.1% and 0.4%, respectively, Indonesia fell 1.3%, Thailand rose 0.4%, and the Ho Chi Minh and Hanoi stock markets in Vietnam fell 0.8% and 0.1%