--- title: "\"Asian Stocks\" Asian stocks generally rose, Hong Kong stocks repeatedly hit new highs, Hanwha Ocean surged 11% after receiving orders from the U.S. Navy" type: "News" locale: "en" url: "https://longbridge.com/en/news/270570765.md" description: "After the overnight rise in the US stock market, the Asia-Pacific stock markets generally increased. Star stocks hit new highs repeatedly, with Hanwha Ocean surging 11.1% due to receiving orders from the US Navy. The Shanghai Composite Index, Shenzhen Component Index, Hang Seng Index, and Taiwan Stock Exchange all saw varying degrees of increase. The Japanese yen appreciated, and the Nikkei Index slightly declined. South Korea's Kospi rose, with SK Hynix and Samsung Electronics experiencing slight increases. The Australian and New Zealand stock markets rose, while the Indian stock market fell. The Singapore stock market reached a historic high. Southeast Asian stock markets showed mixed results" datetime: "2025-12-23T04:37:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/270570765.md) - [en](https://longbridge.com/en/news/270570765.md) - [zh-HK](https://longbridge.com/zh-HK/news/270570765.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/270570765.md) | [繁體中文](https://longbridge.com/zh-HK/news/270570765.md) # "Asian Stocks" Asian stocks generally rose, Hong Kong stocks repeatedly hit new highs, Hanwha Ocean surged 11% after receiving orders from the U.S. Navy The three major U.S. stock indices rose about 0.5% to 0.6% overnight (22nd), and major stock markets in the Asia-Pacific region generally rose this morning (23rd), with Singapore stocks repeatedly hitting new highs. Mainland A-shares fluctuated upward this morning, with the Shanghai Composite Index rising 13 points or 0.34% to 3,930 points; the Shenzhen Component Index rose 86 points or 0.65% to 13,419 points at midday. The Hong Kong Hang Seng Index closed at 25,848 points, up 47 points or nearly 0.2%, with a turnover of HKD 87.289 billion. The Taiwan stock market rose 90 points or 0.3% to 28,240 points. TSMC rose 1.4%, Hon Hai remained stable, and MediaTek fell 1.1%. The Japanese yen's gains expanded to 0.6% during the Asian session, with the USD/JPY falling to 156.03. The Nikkei Index slightly fell 6 points in the afternoon, reporting 50,395 points. Shionogi and Takeda Pharmaceutical each rose over 2%; gaming stocks performed well, with Bandai Namco and Nintendo each rising over 2%, and Capcom rising 4.9%. South Korea's Kospi rose 8 points or 0.2% to 4,113 points. SK Hynix and Samsung Electronics rose 0.7% to 0.8%. Hanwha Ocean surged 11.1%, accumulating over 2.2 times this year. U.S. President Trump stated that the U.S. Navy will launch a new class of frigate program and described Hanwha, which cooperates in construction, as "a good company," with the remarks seen as an affirmation of South Korea's military shipbuilding capabilities. The Australian 200 Index rose 1.1% at the close, reporting 8,797 points. The New Zealand 50 Index rose 9 points or less than 0.1% to 13,517 points at the close. India's Bombay Index fell 0.25% to 85,349 points. India's Nifty 50 Index slightly fell by less than 1 point to 26,172 points. India's largest IT outsourcing company, Tata Consultancy Services, fell 0.6%, while its peer Infosys fell 1.7%. The Singapore Straits Index rose to 4,630 points, repeatedly hitting historical highs, and was last reported at 4,628 points, up 18 points or 0.4%. DBS Bank rose 0.7%, OCBC Bank and UOB rose 0.2% to 0.8%, and Sembcorp Industries rose 1.1%. Indonesia's IDX and the Philippines' PSEI slightly fell by 0.3% to 0.4%, while Malaysia's KLCI slightly fell by 0.1%. Thailand's SET 50 rose 0.7%, Vietnam's Hanoi Index slightly rose by less than 0.1%, and the Ho Chi Minh Index rose 1.1% ### Related Stocks - [Samsung Electronics Co Ltd Sponsored GDR Pfd (SSNGY.US)](https://longbridge.com/en/quote/SSNGY.US.md) - [ProShares UltraShort Yen (YCS.US)](https://longbridge.com/en/quote/YCS.US.md) - [FTSE Straits Times Index (STI.SG)](https://longbridge.com/en/quote/STI.SG.md) ## Related News & Research - [Samsung Galaxy phones losing updates in 2026](https://longbridge.com/en/news/281532343.md) - [Samsung Electronics to cancel $9.55 billion worth of treasury shares](https://longbridge.com/en/news/281141529.md) - [Mercury NZ Issues New Shares Under Dividend Reinvestment Plan](https://longbridge.com/en/news/281310208.md) - [New Zealand February building permits +2.7% m/m (prior +1.9%)](https://longbridge.com/en/news/281254036.md) - [Revised CCS rules to cut merger review time, ease regulatory burden](https://longbridge.com/en/news/280950010.md)