Eight songs that didn’t make it into China’s Lunar New Year gala

As people across China welcome the Year of the Dragon, the ruling Communist Party’s propaganda machine has stepped up a campaign of “positive energy” and “good news” about the economy despite widespread reports of slashed bonuses, unpaid wages and youth unemployment and disenchantment.

Yet the songs that have truly resonated with people during the past year weren’t featured on the annual star-studded Spring Festival Gala show aired by state broadcaster CCTV on Friday. 

Most of these songs first emerged on social media and became quite popular – until censors blocked many of them.

But people are still able to see and hear them using virtual private networks, or VPNs, or finding other ways to circumvent China’s “Great Firewall.” Some are still viewable on Bilibili, the Chinese version of YouTube, or other social media platforms.

 

1. “You’re Not Really Happy” by Mayflower

“Are you happy?” an interviewer asks an oil-smeared mechanic at the start of a reboot of the 2008 Mayflower hit “You’re not really happy.” “Sure,” says the man, adding that happiness is fixing cars and not giving his parents any cause to worry.

“But what about your happiness?” asks the interviewee. “I don’t know,” says the man uncertainly, in a remixed video posted to X by citizen journalist Mr Li is not your teacher.

Undercutting propaganda images of a prosperous country that is merely undergoing some “problems and challenges,” the song’s lyrics highlight the need to pretend everything is fine, just to survive.

“You’re not really happy — that smile’s just a disguise,” say the lyrics. “The world laughs, and you join in, hiding your tears. Survival’s the game, no choice, just comply.”

“Why take this punishment when you’ve already lost … let sorrow end now, start fresh, breathe new air,” it concludes, striking a chord with X users when it was posted on Feb. 2, ahead of the Lunar New Year festivities.

“Chinese people’s happiness is like North Korean happiness, like Stockholm syndrome happiness,” commented @pifuzhinu113541 on the video. “Because ‘unhappiness’ is a crime!”

“This is most people,” added @Louis00135, while @DodgyLee1 quipped: “Propaganda department: Don’t spread rumors if you don’t believe them. Also the propaganda department: The whole country is brimming with optimism!” 

U.S.-based current affairs commentator Tang Jingyuan said the song “lays bare the scars that lie below the glamorous image projected by the Chinese Communist Party.”

“The video raises the question why, in the world’s second-largest economy, so many people from different social classes, men, women and children, are having such a hard time, and can’t achieve happiness,” Tang said.

 

2. “Descendants of the Dragon” by Namewee

Malaysian rapper Namewee’s love letter to the “little pinks” drips with cultural references and political irony, and has notched up more than 7 million views since it dropped — just in time to welcome the Year of the Dragon.

Complete with emperor figure in a Winnie-the-Pooh mask as a stand-in for Communist Party leader Xi Jinping, the song isn’t the first time Namewee has taken aim at the “little pinks,” some of whom recently also went viral in a stand-off with British boogie-woogie pianist Brendan Kavanagh around the public piano at London’s St. Pancras Station.

   

Images and references to Winnie-the-Pooh are banned by Chinese internet censors due to a supposed resemblance to Xi, who is suspected of ordering the removal of Lunar New Year’s Eve from the list of official public holidays this year, because its name (除夕 chúxì)is a homophone for “get rid of Xi” (除习 chúxí).

According to Namewee’s Facebook page, the song is satirically “dedicated to every Chinese at home and abroad from all over the world (including Singapore, Malaysia, Hong Kong, and Taiwan), to defend the dignity of the Chinese people!”

“As a ‘descendant of the dragon,’ we must always remember: Love the party, love the country, love the chairman!” 

The track fires out multiple puns on the Chinese word for dragon, “龙 lóng,” taking aim at those who further the aims of the authoritarian government, despite not wanting to live under its rule.

“There’s a group of people from the East,” Namewee raps, “who love their motherland but live in London, Cambodia, Northern Myanmar and Thailand … everywhere, from NYC to LA, chain-smoking, talking on the phone all day, to their cousins and their nephews, calling all their fellow villagers to come and join them.”

“Hating on Japan and dissing the U.S. is our duty … flooding YouTube, criticizing and spreading fake news — FALSE!” it says.

“His Majesty dons the Dragon Robe,” Namewee raps, while dancing alongside “Emperor Poo.” “Together, we learn to roar like a dragon.”

A Chinese person who recently emigrated to Australia and gave only the nickname Liga for fears of reprisals said anti-communist culture is now hip, with the potential to reach large global audiences.

“This is a new trend, the attractiveness of anti-communist creative content, which can be monetized,” Liga said. “It shows that people who are dissatisfied with the Chinese Communist Party are now a political force that cannot be ignored, despite not having the right to vote.”

“Their influence is pretty formidable, with the help of the internet,” they said.

 

3. “Qincheng Prison Welcomes You” by RutersXiaoFanQi

Chinese censors have gone to considerable lengths to have the channel silenced, filing takedown requests that YouTube has complied with despite growing concerns over Beijing’s “long-arm” overseas law enforcement.

The channel’s song “Qincheng Prison Welcomes You” opens with the face of Winnie-the-Pooh shining down as the sun, and warns that anyone found insulting Xi will find themselves welcome at Beijing’s notorious Qincheng Prison.

    YouTuber @RutersXiaoFanQi puts out a steady stream of spoof videos and satirical content targeting Xi Jinping, in what has become a sub-genre using the hashtag #InsultTheBun.

    “Insult Winnie, commit thought crimes, the trail to jail is your fate,” sing the robotic synthesized voices. “Make yourselves at home, fellow inmates, old and new alike.”

    “You may laugh, but you’re on the list — can’t you see?”

    “The monarchy’s no longer a dream,” sings a female robotic voice similar to the singers who once lauded late supreme leader Mao Zedong. “Endless term implies endless memes,” replies the male voice in a reference to Xi’s approval for an unprecedented third term in office after removing presidential term limits in March 2018.

    “Welcome to the next term … the protagonist of the joke is the same — it’s still Winnie-the-Pooh,” they sing.

    Liga said he is a fan of the channel, in particular because it uses old revolutionary era songs to satirize Xi.

    “It’s still the same melody but it has a completely different meaning because the lyrics have been changed,” Liga said. “It allows people to let off steam, vent their dissatisfaction, and could have an impact on political reform in China.”

    “If that wasn’t the case, the government wouldn’t need to block the internet,” he said, in a reference to the Great Firewall of government censorship.

    4. “Luocha Kingdom” by Dao Lang

    A classic Chinese folk song against a jaunty reggae backing complete with horn section, Dao Lang’s song depicts the fictional kingdom of Luocha from a novel by Qing Dynasty (1644-1911) writer Pu Songling, who is also credited with the “Strange Tales of Liaozhai” ghost stories.

    Depicting a topsy-turvy world in which beauty and ugliness, right and wrong, good and evil are reversed, the song is widely seen as a biting satire against contemporary China.

     

    Possibly due to an allegorical format that evades censorship, the song has gone viral on Chinese social media, and has been featured by bloggers and online media, where one blogger described it as a “rant without swear words.”

    “As the lyrics suggest, the whole of mainland Chinese society has become a cesspit of dogs and flies, and anyone in a position of power is tarred with that brush,” Tang Jingyuan commented on the song.

    “It’s about an absurd, yet evil, environment.”

    A mashup of the song has also gone viral in recent months, with lyrics reflecting the roller-coaster that has been the Chinese stock market. It has since been blocked by internet censors.

    “Stock investors can hear the heartache, blood and tears in this,” said one social media comment on the “A-share” version of the song. “The more we listen, the more enjoyable it becomes.”

    5. “Children of the West Tower” by Yue Yunpeng

    This song by Yue Yunpeng, who made his name in China as a crosstalk comedian, is a cover of a song penned by Hailai Amu in 2022, and has dominated music charts in the run-up to the Lunar New Year due to its nostalgia for a lost past, which reflects the feelings of many in the economic downturn, commentators said.

    “I had a dream many years ago, that I would go back to my hometown with full honors,” the lyrics go. “But the begonias were broken in the wild winds.”

    “Now my eyes fill with tears when we talk of old friends, and my heart breaks to remember old loves and hates.”

      

    A Shanghai resident who gave only the nickname Ray for fear of reprisals said the song’s sadness resonates with many in today’s China.

    “I feel quite sad listening to it,” he said. “Maybe there are a lot more people who aren’t making any money, or haven’t had successful careers.”

    “They feel lost and a little frustrated — that’s the feeling I get [from the song],” Ray said, adding that most people he knows are feeling pretty depressed and pessimistic.

    “It’s so 2023,” he said. “I’m not doing well now — I’m unemployed, and I really resonate with this song.”

     

    6. “The Big Dream” by Wayna Band and Ren Suxi

    A phone-waving folk anthem for a lost generation, the song’s mesmerizing refrain “What to do?” lists a series of personal disasters and uncertainties that can befall a person in contemporary China.

    “I’m going to middle school, dozens of miles away from home,” the lyrics say. “What to do if I get sick or lose my money?”

    “I’m 18 years old, and didn’t get into college,” runs the song. “What should I do? Keep going, or get a manual job?”

      

    Even moving around the country in search of work doesn’t help.

    “I came to Shenzhen and wandered around for a while, but I haven’t found a job and my money is almost spent,” the band sings, in a lament for youth unemployment and the “lying flat” movement among younger people in China. 

    Even growing up and finding work doesn’t bring the promised “Big Dream,” however.

    “I am 38 and my child is very obedient,” the lyrics run, in the nine-minute track that has become wildly popular. “I want to spend more time with them, but I have to work overtime.”

    “Can’t make more money by running around like mad,” they say, before depicting older people with dying parents and caring responsibilities, eventual old age, sickness, and a life “flickering like a candle flame.”

     

    7. “We are the Last Generation” by Er Mao

    Penned in the wake of the grueling Shanghai COVID-19 lockdown in the spring of 2022, the song tells people not to forget their suffering, not to celebrate the end of restrictions, and not to listen to the government’s propaganda.

    “Don’t let go of unrequited revenge,” a male voice identified only as Er Mao on YouTube sings.

    “In today’s blooming flowers, do not forgive the sins of last night.”

    “Don’t wash the blood from the corners of your mouth, do not heal the wounds of the shackles, don’t touch the sugar they feed you,” it goes. “Don’t tear out your diary pages.”

    “Sorry, but we are the last generation,” the songs says, against a black background and an ironic jaunty whistle, in a reference to a viral video from the Shanghai lockdown in which a young man tells the authorities they can’t bring down retribution on his kids, because he won’t be having any.

    “Sorry, but I’m the last of my line,” the man says.

    Ray said he was moved by the song. 

    “All that stuff was happening right around me,” he said. “It’s quite sad.”

     

    8. “Red Boy’s 18 Wins” by Slap

    This witty folk-rock rant by veteran act Slap highlights the dark side of the news as released in January 2023, with lyrics detailing the exploits of a fictitious hero – Red Boy – and a series of challenges he encounters.

    It refers to a woman found chained by the neck, the breakout by employees at Foxconn’s Zhengzhou factory during the COVID-19 restrictions, the death of high-schooler Hu Xinyu and attacks on women eating at a restaurant in the northern city of Tangshan.

    “A mother of eight children with a chain around her neck,” the lyrics read. “Vicious scum who burned his wife is sentenced to death.”

    “Don’t tell me Tangshan is just like Gotham City, which at least had Batman,” the song says, picking up on several scandals of the three-year “zero-COVID” policy, where “everyone is obsessed with negative and positive [tests].”

     

    The band has a huge following among young people today due to their songs’ criticism of the political system, and of society as a whole.

    Delivered in the style of a Chinese folk opera ballad, the 14-minute song has a laid-back accompaniment from a regular rock band, with Red Boy generally understood to represent the Chinese Communist Party, and is now banned in China.

    The lyrics and saga-like quality of the track, which is still available on YouTube, recall a classic of Chinese literature as Red Boy goes to war against Sun Wukong the Monkey King from “Journey to the West,” yet their gritty and often horrific content is drawn straight from recent headlines.

    “We’re lucky to be born in the New Era,” it concludes in a reference to the political ideology of President Xi Jinping, after commenting that “everyone’s got Stockholm Syndrome.”

    “Hard work will win out in the end,” says the last line, referencing a 1980s TV theme tune from the now-democratic island of Taiwan, which was under the authoritarian rule of the Kuomintang and its hereditary leader Chiang Ching-kuo at the time the song was released.

    Akio Yaita, Taipei bureau chief for Japan’s Sankei Shimbun and an expert on China, paid tribute to the band in a Facebook post at the time of its release, saying it had “boldly crossed into restricted areas,” and became hugely popular online as a result.

    “A lot of people online commented that they feared for the safety of the band,” he wrote. “This is the first time I heard of them … Founded in Baoding, Hebei in 1998, they have five members and … use very down-to-earth language to comment on the topics of the day.”

    While the band may have flown under the radar until now, “Red Boys 18 Wins” had overstepped a red line, he said.

    “I think there will be a ban on performances coming soon, and maybe someone will go to jail,” Yaita wrote.

    Translated by Luisetta Mudie. Edited by Malcolm Foster.

    Cleaning house in the Communist Party of Vietnam ahead of Tet

    It’s a tradition in Vietnam to clean one’s house thoroughly ahead of the long Lunar New Year holiday, which falls on Feb. 10 this year, for fear of sweeping away any good luck that Tet may bring. 

    That goes for the Communist Party of Vietnam (CPV), which just forced a Politburo member, the third in 13 months, to resign, as part of the ongoing “blazing furnace” anti-corruption campaign.

    Like China’s notorious shuanggui system, CPV members are subject to party discipline first. The Central Inspection Commission (CIC), headed by Politburo member Tran Cam Tu, is responsible for conducting investigations of senior party members. It’s only after the party has rendered its verdict that people are potentially handed over to civilian authorities for prosecution.

    The CIC can hand down four levels of punishment: expulsion, loss of party positions, warning and reprimand. 

    The latter two can be meted out to party committees, not just individual members. Since January 2021, some 1,400 party organizations have been disciplined.

    Military delegates attend the closing ceremony of the 12th National Congress of Vietnam Communist Party in Hanoi, Vietnam, Jan. 28, 2016. (Kham/Pool via AP)
    Military delegates attend the closing ceremony of the 12th National Congress of Vietnam Communist Party in Hanoi, Vietnam, Jan. 28, 2016. (Kham/Pool via AP)

    Last year ahead of Tet, Deputy Prime Ministers Vu Duc Dam and Pham Binh Minh, and President Nguyen Xuan Phuc, were all forced to resign. The latter two served on the elite 18-member Politburo that was elected at the 13th Party Congress in January 2021.

    Those high-profile purges roiled financial markets and foreign investor confidence. The three men were seen as some of the most competent administrators and interlocutors with the business community. For a country whose economy depends on foreign investment, the “Burning Furnace” campaign of General Secretary Nguyen Phu Trong raised concerns about political stability. 

    While the country’s anti-corruption campaign continued, it shifted to lower-level officials and the business partners of politicians (and they all have business partners). Of course everything was superseded by the investigation into Truong My Lan and Van Thinh Phat, a $12.3 billion fraud and embezzlement scheme.

    Energy sector

    General Secretary Nguyen Phu Trong truly believes corruption within the party poses an existential threat. Since the 13th Central Committee, over 60,000 CVP members have been disciplined; 80 of them were central-level cadres.  10% of the original 180 Central Committee members elected in 2021 have lost their job, as have three of 18 Politburo members.

    Energy is seen as one of the government’s economic vulnerabilities and a real irritant to investors. Manufacturers require stable electricity, while investors in energy have been frustrated by government corruption, opaque regulations and the slow pace of policy implementation. Being highly regulated, the energy sector is prone to corruption. 

    It should come as no surprise that the Central Inspection Commission has been  focused on this sector. Over 80% of those disciplined at the 25th CIC session in January, including 15 individuals and nine party committees, were from state owned enterprises or government ministries involved in the energy sector.

    The CIC determined that the Central Committee should decide the fate of four senior party members, though recommending that they should be “appropriately penalized.”

    The four included Politburo member Tran Tuan Anh, the head of the Central Economic Commission, the party’s point man for economic issues. From 2016-21, he served as the Minister of Industry and Trade, where he oversaw the energy sector. 

    Vietnam's former minister of health Nguyen Thanh Long is led to a court by police officers to face an anti-corruption trial in Hanoi, Jan. 3, 2024. (Nhu Y/AFP)
    Vietnam’s former minister of health Nguyen Thanh Long is led to a court by police officers to face an anti-corruption trial in Hanoi, Jan. 3, 2024. (Nhu Y/AFP)

    On Jan. 31, the Central Committee held an unscheduled session where Anh tendered his resignation. It appears that he was given a face-saving way out, as his father, Tran Duc Luong, had served as Vietnam’s president from 1997-2006. 

    Beneath Anh were a host of other officials tied to the energy sector. 

    The Central Committee reprimanded Mai Tien Dung, a former Central Committee member and head of the government office, which is the locus of inter-ministerial coordination, and Trinh Dinh Dung, a former deputy Prime Minister from 2016-2021, who was in charge of the energy sector.

    Provincial profiteering

    The Central Committee also expelled two others who had recently been arrested for corruption: Do Thang Hai, a member of the Central Committee’s Organization Commission and Deputy Minister of Industry and Trade, and former Deputy Minister of Industry and Trade, Hoang Quoc Vuong, who was also the chairman of the Vietnam Oil and Gas Group. 

    Hai was arrested on December 21, 2023 for taking bribes from the Xuyen Viet Oil and Gas Co, a company that ensnared several officials. The firm is one of 40 companies that had a license to import oil, but one of two that dominated imports in the south, controlling an estimated 40% of the southern market. 

    The firm’s mismanagement played a large part in the oil shortages that hit Ho Chi Minh City in the third quarter of 2022 when there was a 40% decline in oil imports and a 35% decline in diesel imports. The firm had defaulted on US$62 million in taxes and owed some 5.5 trillion dong (US#225 million) to banks. 

    Thirty-eight defendants, including a former health minister stand in a courtroom during an anti-corruption trial in Hanoi, Jan. 3, 2024. (Vietnam News Agency via AFP)
    Thirty-eight defendants, including a former health minister stand in a courtroom during an anti-corruption trial in Hanoi, Jan. 3, 2024. (Vietnam News Agency via AFP)

    They sought to bribe their way out of legal and financial jeopardy.

    This was no doubt a large scandal, and one that embarrassed the government and provided media fodder and caused investor alarm. Last year was the hottest year on record, and an early heatwave led to significant energy shortages. The country’s long-stalled Eight Power Development Plan (PDP8) PDP8 energy plan, that runs through 2035, fell short of expectations, especially in the renewable field and the implementation guidelines have still not been approved. 

    Punishments have also been meted out to provincial-level cadres.

    Tran Duc Quan, the party secretary of Lam Dong province and a Central Committee member, was arrested on Jan. 24 for management violations regarding real estate development. The CIC disciplined four other provincial officials that month. 

    Family fiefdom

    But the case of Nguyen Nhan Chien, the former party chief of Bac Ninh province and a former Central Committee member, is really telling. 

    Chien had at least 23 relatives in leadership positions within almost every department and organization in the province, from civil affairs to social welfare to education. Bac Ninh was less a province and more of a family fiefdom.

    This is not supposed to happen. In 2018, the CPV passed rules to ensure that cadres served in multiple provinces to prevent these fiefdoms. While the number of senior provincial cadres who have only served in one province is down, roughly 20 of 63 are grandfathered in under the old system. 

    Chien’s case should expedite the full implementation of the 2018 guidelines.

    Vietnam's former Trade and Industry Minister Tran Tuan Anh, center at the Presidential Palace in Hanoi, May 15, 2016. (Kham/Reuters)
    Vietnam’s former Trade and Industry Minister Tran Tuan Anh, center at the Presidential Palace in Hanoi, May 15, 2016. (Kham/Reuters)

    In the run-up to the 14th Party Congress, expected in January 2026, we should see more anti-corruption efforts focused on provincial leaders who comprise roughly one-third of the Central Committee. Given Vietnam’s relative decentralized authority, the provinces – the actual recipients of much of the foreign investment – are a locus of corruption.

    But Anh’s forced resignation, the third in 13 months, also raises questions about central-level politics and the composition of the Politburo, itself, in the run-up to the 14th Congress. 

    The Central Committee has been deadlocked over the replacements for Minh and Phuc. Now with three vacancies, the Central Committee may be forced to act, especially given rumors of General Secretary Nguyen Phu Trong’s ill health

    While Vietnam’s leaders may try to enjoy the festivities of Tet, given Trong’s propensity for house cleaning, no one should be too at ease. Several have already seen their luck – and ill-gotten gains – swept away.

    Zachary Abuza is a professor at the National War College in Washington and an adjunct at Georgetown University. The views expressed here are his own and do not reflect the position of the U.S. Department of Defense, the National War College, Georgetown University or Radio Free Asia.

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    “OSL มีความภูมิใจที่ได้ร่วมงานกับทีมงานผู้เชี่ยวชาญด้านบล็อกเชนและผลิตภัณฑ์ที่ UBS เรากำลังจำลองวงจรชีวิตผลิตภัณฑ์ทั้งหมดของโทเค็นผลิตภัณฑ์ที่มีโครงสร้างเชื่อมโยงกับตราสารทุน ตั้งแต่การมินต์โทเค็น กระบวนการจำลองธุรกรรมในตลาดรอง และสุดท้ายคือการเผาโทเค็นเมื่อถึงเวลาที่กำหนด ภูมิทัศน์สินทรัพย์เสมือนที่ได้รับการกำกับดูแลของฮ่องกงเพิ่งจะก้าวข้ามอีกหนึ่งก้าวสำคัญด้วยการออกผลิตภัณฑ์ทางการเงินที่เป็นโทเค็นระดับการลงทุน” Patrick Pan ประธานและประธานเจ้าหน้าที่บริหารของ OSL Group กล่าว

    Winni Cheuk หัวหน้าฝ่ายขาย การกระจายสินค้าออกสู่สาธารณะในภูมิภาคเอเชียแปซิฟิก และตลาดโลกของ UBS ให้ความเห็นเกี่ยวกับการทำธุรกรรมในครั้งนี้ว่า “การเปิดตัวใบสำคัญแสดงสิทธิโทเค็นของ UBS ได้ตอกย้ำจุดยืนของธนาคารในฐานะผู้ออกผลิตภัณฑ์อนุพันธ์ชั้นนำในฮ่องกง1. ผลิตภัณฑ์ที่เป็นนวัตกรรมนี้สร้างขึ้นบนบล็อกเชนสาธารณะในสภาพแวดล้อมที่ได้รับอนุญาต ซึ่งช่วยเพิ่มความโปร่งใส ลดค่าธรรมเนียมการทำธุรกรรม เพิ่มประสิทธิภาพกระบวนการชำระเงิน และช่วยให้ชั่วโมงการซื้อขายมีความยืดหยุ่นมากขึ้น”

    “ในอุตสาหกรรมที่มีการพัฒนาอย่างรวดเร็ว การมีผลิตภัณฑ์ที่หลากหลายในตลาดที่ทันเวลาและการทำสิ่งที่ถูกต้องเป็นกุญแจสำคัญในการสร้างความก้าวหน้าแก่อุตสาหกรรม ความร่วมมือนี้ไม่เพียงแต่แสดงถึงเหตุการณ์สำคัญสำหรับ OSL เท่านั้น แต่ยังตอกย้ำความสำคัญของการผลักดันขอบเขตและการกำหนดมาตรฐานใหม่ในตลาดสินทรัพย์ดิจิทัลอีกด้วย” Pan กล่าวเสริม “ความคิดริเริ่มนี้ทำหน้าที่เป็นการสาธิตที่มีประสิทธิภาพของกรณีการใช้งานเทคโนโลยีบล็อกเชนในโลกแห่งความเป็นจริง เราหวังว่าจะใช้ประโยชน์จากบล็อกเชนร่วมกับ UBS เพื่อเปิดบทใหม่ในการออกและจัดจำหน่ายผลิตภัณฑ์ทางการเงินดิจิทัลในเอเชีย โดยแสดงให้เห็นถึงศักยภาพในการเปลี่ยนแปลงของเทคโนโลยีนี้”

    OSL มุ่งมั่นที่จะผลักดันขอบเขตของสิ่งที่เป็นไปได้ในพื้นที่สินทรัพย์ดิจิทัล ความร่วมมือนี้ถือเป็นก้าวสำคัญในการนำผลิตภัณฑ์ทางการเงินที่มีความซับซ้อนออกสู่ตลาด ซึ่งเป็นการปูทางไปสู่นวัตกรรมและการเติบโตต่อไป

    หากต้องการเรียนรู้เพิ่มเติมเกี่ยวกับ OSL กรุณาเยี่ยมชม osl.com

    _______________________

    1 ที่มา: ข้อมูล HKEX ซึ่งเป็นส่วนแบ่งการตลาดอันดับ 1 ในปี 2564-2565 ในแง่ของมูลค่าสุทธิตามสัญญาของใบสำคัญแสดงสิทธิและ CBBC ที่ขายไป

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    GlobeNewswire Distribution ID 9035323

    Yoon visits Marine corps on Lunar New Year holiday


    SEOUL, President Yoon Suk Yeol visited a Marine Corps unit Saturday to show appreciation for the troops’ service and order strong readiness against North Korea, his office said.

    On the Lunar New Year holiday, Yoon visited the Marine Corps Second Division in Gimpo, just west of Seoul, to inspect the unit’s military readiness amid heightened tension with Pyongyang.

    “If the enemy provokes, you have to sternly and overwhelmingly respond under the principle of ‘act first, report later’ to completely crush the enemy’s will,” Yoon was quoted as saying.

    He inspected the multiple rocket system Cheonmoo and urged the troops to be prepared against any North Korean provocations.

    During his meeting with soldiers, Yoon made surprise appearances in some soldiers’ video calls with their parents on the traditional holiday.

    Source: Yonhap News Agency

    Cloudy skies, light rains across PH due to ‘amihan,’ easterliesS. Korea to begin development of shipborne missile interceptor this year

    MANILA: The northeast monsoon or ‘amihan’ and the easterlies will bring cloudy skies and light rains across the country on Chinese New Year’s Day.

    In its 4 a.m. bulletin on Saturday, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) forecast cloudy skies with light rains over Batanes and Cagayan due to the northeast monsoon.

    Partly cloudy to cloudy skies with isolated light rains will prevail over the Ilocos, Cordillera, and Central Luzon regions, along with the rest of Cagayan Valley, also due to the ‘amihan.’

    Meanwhile, Metro Manila and the rest of the country will have partly cloudy to cloudy skies with isolated rain showers or thunderstorms due to the easterlies and localized thunderstorms.

    PAGASA warned of flash floods or landslides during severe thunderstorms.

    Moderate to strong winds will blow over Northern Luzon, with moderate to rough seas.

    Elsewhere, winds will be light to moderate, with slight to moderate seas.

    The temperature in Metro Manila will rang
    e from 23°C to 32°C; Baguio City, 14°C to 23°C; Laoag City, 23°C to 30°C; Legazpi City, 23°C to 31°C; Metro Cebu, 26°C to 31°C; Puerto Princesa, 24°C to 31°C; Metro Davao, 24°C to 32°C; and Zamboanga City, 25°C to 35°C.

    Source: Philippines News Agency

    SEOUL, South Korea seeks to start developing an advanced ship-based missile interceptor this year, the state arms procurement agency has said, amid efforts to counter evolving North Korean military threats.

    Last year, the country’s defense authorities approved a 690 billion-won (US$520 million) project set to run through 2030 to develop the “Ship-to-Air Missile-II” designed to shoot down aircraft and cruise missiles.

    The Defense Acquisition Program Administration (DAPA) said it is pushing to begin research and development of the missile this year, aiming to equip it on the Navy’s next-generation destroyer currently under development.

    The missile will be designed to have improved performance compared to the Standard Missile-2 (SM-2) currently used by the Navy, DAPA said, without providing details. The SM-2 interceptor, built by U.S. missile maker Raytheon, has a range of 90 nautical miles, or 166.7 kilometers.

    The project comes amid Pyongyang’s push to develop new weapons systems, highlighted by its launc
    hes of purported “strategic” cruise missiles earlier this year.

    Source: Yonhap News Agency

    Traffic building up on highways as people travel on Lunar New Year


    SEOUL, Traffic on major highways began to build up across South Korea on Saturday morning as millions of people hit the road on the Lunar New Year.

    This year’s holiday began Friday, marked by the traditional exodus of people from Seoul and its surrounding areas to their hometowns.

    On the second day of the long weekend Saturday, more people headed out of the capital region, while others were making their way back to Seoul.

    According to the state-run Korea Expressway Corp., a drive from Seoul to the southeastern port city of Busan, 320 kilometers away, was expected to take six hours and 40 minutes as of 9 a.m. Saturday. A trip eastward to Gangneung, some 160 kilometers from Seoul, was expected to take three hours.

    Per the Korea Expressway Corp., there was also congestion on Seoul-bound highways Saturday morning. The company estimated 6.05 million vehicles would travel out of the capital area, while another 460,000 cars would move in the opposite direction on the day.

    Congestion on roads headed out of Seou
    l will likely peak between 1 p.m. and 2 p.m. Saturday and ease around 9 p.m., the Korea Expressway Corp. said.

    Traffic back to the Seoul area will peak around 3 to 4 p.m. and ease by around 2 to 3 a.m. Sunday, according to the company.

    Source: Yonhap News Agency