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Financial
*The Trump administration has announced a 15% unified tariff on all imported goods, effective immediately as of February 21 local time, replacing the 10% rate announced just one day earlier. This measure serves as an urgent replacement following the U.S. Supreme Court’s rejection of the legality of his previous tariffs.
Industrial Economy
*The box office revenue for the 2026 Spring Festival film season exceeded 5 billion yuan, with movie admissions surpassing 100 million for the eighth consecutive year.
*Cross-regional travel volume during the Spring Festival travel rush is expected to reach 9.5 billion trips, a historic high. Inbound tourist trips doubled year-on-year, with bookings from Russian tourists soaring by 471%. Hotel check-ins by senior travelers rose by 56%.
*SK Hynix said that driven by strong demand from AI customers and limited supply growth, the global memory industry has completely shifted to a seller’s market. It is expected that the price increase trend will continue throughout 2026. Currently, DRAM and NAND inventories are only about four weeks’ worth, and no customer can fully meet their demands.
Feb 13 Block Trade Info
*Discount
– Verisilicon Microelectronics (688521 CH) saw 7 block trades worth 97.86mn at 238.00-241.62yuan per share, 10.00-11.35pct discount from last closing.
– Grinm Semiconductor Materials (688432 CH) saw 1 block trades worth 85.41mn at 13.08yuan per share, 9.48pct discount from last closing.
– Topsec Tech (002212 CH) saw 19 block trades worth 71.42mn at 7.96yuan per share, 9.95pct discount from last closing.
For more insights, please visit Orient Futures Singapore’s research platform,
Finoview.

