US President Trump recently launched a series of large-scale restrictions on China, including chip control and investment restrictions, which prompted the Asia-Pacific stock market to collective decline on Tuesday (February 25).
The Singapore Straits Times Index closed at 3915.87 points, down 11.88 points or 0.3%; among them, Yangzijiang Shipbuilding's stock price plummeted for the second consecutive day, closing down 9.37% as the United States planned to charge port entry fees from Chinese-made ships.
The stock markets of Tokyo and Taiwan, which have key semiconductor industries, both fell sharply, down 1.39% and 1.19% respectively; the stock market of Seoul fell slightly by 0.57%; and Sydney fell 0.73%.
China's stock market no longer regained its previous uptrend, and the optimism of technology stocks triggered by DeepSeek cooled down slightly, with Hong Kong leading the decline of 1.32%, while Shanghai and Shenzhen fell by 0.8% and 0.73% respectively.
The Singapore stock market's trading volume was about 1.56 billion shares throughout the day, with a total transaction volume of 1.8 billion yuan. There were 234 rising stocks and 326 falling stocks.
Among the Haixin stocks, eight rose, 19 fell, and three remained flat.
Among them, Yangtze River Ship Industry plummeted 9.7% on Tuesday, closing at 2.7 yuan; then Xinxiang Group (SATS) fell 3.76% to 3.07 yuan; Genting Singapore closed at 0.73 yuan, a drop of 2.67%.
Mapletree Logistics Trust rose 1.64% to close at 1.24 yuan; Huaye Group (UOL) closed up 1.3% to 5.46 yuan; Singtel rose 1.22% to 3.32 yuan.
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