South Korean ETFs collectively opened higher. As of the time of writing, Southbound Leveraged Samsung Electronics (07747) rose 9.94% to HK$152.65, Southbound Leveraged SK Hynix (07709) rose 14.42% to HK$93.62, Southbound Hong Kong Korea Tech (03431) rose 4.81% to HK$10.35, and TR Korea (02848) rose 3.51% to HK$1770. In terms of news, on May 21st, the South Korean stock market surged, with the KOSPI index rising by 6%. Samsung Electronics rose by nearly 6% and SK Hynix surged by over 8%. Late on the night of the 20th local time, the labor negotiations of Samsung Electronics, which had resumed that afternoon, ended with the signing of a tentative agreement. The Samsung Electronics union stated that the planned large-scale strike scheduled to start on the 21st has been postponed, and a vote will be held within the union on the tentative labor negotiations agreement to determine future actions. In addition, there is growing optimism over the US-Iran situation, with US President Trump stating on the 20th that he is willing to wait a few more days for Iran's response if a deal can be reached between the US and Iran.