Technology giants such as Alibaba cooperate with Chinese central enterprises to develop general artificial intelligence, and the market generally interprets it as a signal to support the private economy by the Chinese government. Affected by the times, the Asia-Pacific stock market closed up almost across the board on Friday (February 21). Although the Singapore Straits Times index performed poorly in the early trading, it eventually closed higher, with an increase of 0.06% or 2.43 points, closing at 3929.94 points.

In other Asia-Pacific stock markets, except for Sydney, which fell 0.36%, other stock markets closed higher and higher on the last day of trading this week.

Among them, driven by economic recovery and China's artificial intelligence trend, Hong Kong once broke through three-year highs and led the Asia-Pacific stock market with a market close to 3.99%. Following closely behind, Shenzhen rose 1.56%, Taiwan rose 1.03%, Shanghai rose 0.85%, Japan rose 0.26%, and South Korea rose 0.02%.

In Singapore, the overall stock market transaction volume was 1.52 billion shares and the total transaction volume was 1.73 billion yuan. There were 270 rising stocks and 277 falling stocks.

The main constituent stocks of the Sea Index rose, 11 rose, 15 fell, and four remained flat.

Sembcorp Ind, the largest increase was Sembcorp Ind, up 3.79% to 5.75 yuan. Hongkong Land rose 2.73% to US$4.52, while Singapore Airlines (SIA) rose 2.03% to RMB6.55.

Seatrium, which fell 4.80% to 2.38 yuan. Wilmar International fell 4.05% to 3.08 yuan, while Genting Singapore fell 3.23% to 0.75 yuan.