In the afternoon, Southern double shorted the Nikkei (07515) and rose more than 2%, rising 1.88% as of press time, to HK$16.82, with a turnover of HK$3.99 million. On the news front, inflation concerns sparked by the Middle East situation have rekindled, and the market reopened the Japan raising interest rate expectations, with the 30-year Japanese government bond yield rising 10 basis points to 3.915%, the highest level since 1999. The Nikkei 225 index and the Japan Topix index both fell 1% today. It is worth noting that US Treasury Secretary Besent has completed his visit to Japan. The Bank of Japan stated that Governor Shirakawa was unable to meet with US Treasury Secretary Besent in Japan. Japanese Finance Minister Koichi Kato said that she had discussions with Besent on market dynamics such as exchange rate trends, and that Besent "fully understands" Japan's yen intervention policy. Nomura Securities believes that Besent's visit is mainly focused on the risks of excessive fluctuations in the Japanese bond and yen markets spreading to the global financial markets.