Today: 20 May 2026
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KRX:012450 11 September 2025 - 24 September 2025

Asian Markets on an AI High then Jolt as Powell Strikes Caution (Sept 23–24, 2025)

Asian Markets on an AI High then Jolt as Powell Strikes Caution (Sept 23–24, 2025)

Japan’s Nikkei 225 hit a record 45,630 as AI stocks surged, while Shanghai and Shenzhen indexes rallied on tech gains. Hong Kong’s Hang Seng Tech Index jumped 2.5% as Alibaba soared 9%. Seoul’s KOSPI slipped 0.4% after Fed warnings, but Hanwha Aerospace rose 5% on defense demand. India’s Sensex fell 0.47% as autos and IT lagged; the rupee edged higher.
South Korea’s Space Revolution: From Late Bloomer to Satellite Powerhouse by 2030

South Korea’s Space Revolution: From Late Bloomer to Satellite Powerhouse by 2030

South Korea launched its national space agency KASA in 2024 and will raise its space budget above ₩1.5 trillion by 2027. Hanwha Aerospace will take over Nuri rocket production and launches from 2025, marking the first full transfer to a private firm. Innospace and Perigee Aerospace are developing commercial launch vehicles, with Innospace completing a successful test flight in 2023.

Stock Market Today

  • Shanghai Top Numerical Control Soars 80% on Hong Kong IPO Boosted by Aerospace Demand
    May 20, 2026, 4:53 AM EDT. Shares of Shanghai Top Numerical Control Technology, a Chinese aerospace parts supplier, surged 80% on debut in Hong Kong, closing at HK$47.50. The stock opened 40% above the HK$26.39 offer price, peaking at HK$48.40 amid strong investor demand. The company raised HK$1.72 billion (US$219.6 million) from 65.33 million shares. The public tranche was oversubscribed 3,764 times, and institutional demand was 29 times oversubscribed, reflecting heightened focus on the aerospace sector. This comes amid global enthusiasm for aerospace tech, with major players like SpaceX eyeing a record IPO. China's aerospace firms also prepare listings, signaling robust market interest.

Latest articles

Chewy Shares Slide on CEO Talk of “Stretched Consumer”

Chewy Shares Slide on CEO Talk of “Stretched Consumer”

20 May 2026
Chewy Inc. shares dropped 9.1% to $19.66 Tuesday after CEO Sumit Singh warned U.S. consumers are more financially strained than earlier this year. The decline put Chewy near its 52-week low ahead of its June 10 earnings report. Singh made the comments at a J.P. Morgan conference, citing multiple data points on weaker consumer demand. Petco fell 2.9%, while BARK rose 7.5% and Amazon slipped 2.1%.
Meiwu Technology Stock Jumps Again After 97% Surge: Why WNW Is Moving Now

Meiwu Technology Stock Jumps Again After 97% Surge: Why WNW Is Moving Now

20 May 2026
Meiwu Technology shares jumped 97% to $4.75 Tuesday and rose another 12% premarket after the company raised $15.65 million in a private share sale to fund an AI skincare platform. The rally follows a 1-for-100 reverse share split in April and earlier $14 million direct offering. Meiwu warned its new platform is early-stage and faces regulatory risks.
Astera Labs Stock Surges: The AI Networking Bet Traders Are Chasing Before Nvidia Results

Astera Labs Stock Surges: The AI Networking Bet Traders Are Chasing Before Nvidia Results

20 May 2026
Astera Labs shares rose 13.3% to $244.26 on Tuesday after management outlined a faster ramp for its Scorpio X fabric switches and optical networking tied to Nvidia’s NVLink Fusion. The move followed presentations at J.P. Morgan’s tech conference and comes ahead of Nvidia’s earnings Wednesday. Astera’s first-quarter revenue jumped 93% to $308.4 million, with second-quarter guidance above analyst forecasts.
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