Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

Korean Brokerage Stocks Underperform Despite Record Q2 Earnings

Five major Korean securities firms are reporting unprecedented second-quarter earnings driven by explosive trading volume growth, according to iM Securities research. The combined net profit of Mirae Asset, Korea Investment, NH Investment, Samsung, and Kiwoom securities for Q2 is projected
SPCX-3.40%
LucasBennett·07-06 00:04
Korean Brokerage Stocks Underperform Despite Record Q2 Earnings

South Korea Schedules August 25 Forum on Fourth Internet Bank License

South Korea's National Assembly will hold a second forum on establishing a fourth internet-only bank on August 25. The Financial Services Commission approved expanded face-to-face business operations for the country's three existing internet banks on July 1, allowing corporate loan assessments and c
LucasBennett·07-06 00:03
South Korea Schedules August 25 Forum on Fourth Internet Bank License

Hang Seng Index Ends Seven-Week Decline With 2.99% Weekly Gain

The Hang Seng Index ended a seven-week losing streak during the week ending July 3, rising 679 points or 2.99% to close at 23,350 points on Friday. The index gained 295 points on Friday after opening at 23,240, reaching an intraday high of 23,516 before encountering resistance. The rebound
HK500.01%
HSCHKD-0.34%
LucasBennett·07-06 00:03
Hang Seng Index Ends Seven-Week Decline With 2.99% Weekly Gain

Korean Stocks Hit Lowest Valuation Since 2008 Crisis Amid Chip Concerns

South Korean stocks saw valuations drop to their lowest level since the 2008 financial crisis following a two-week market correction, with the KOSPI forward price-to-earnings ratio falling below 7.0x for the first time in over a decade. The decline was driven by concerns over artificial
MU-5.91%
LucasBennett·07-05 23:59
Korean Stocks Hit Lowest Valuation Since 2008 Crisis Amid Chip Concerns

South Korea Limits Manual Therapy to 15 Sessions Annually Under New Rules

The South Korean government converted manual therapy to a 'managed benefit' system from the 1st, setting the price at 43,850 won per session with a 95% patient co-payment rate and limiting health insurance coverage to 15 sessions annually. The medical community has strongly opposed the measure,
CryptoFrontier·07-05 23:59
South Korea Limits Manual Therapy to 15 Sessions Annually Under New Rules

South Korea Extends Savings Bank Lending Ratio Relief Amid PF Cleanup

South Korean financial authorities extended regulatory relief on mandatory lending ratios for savings banks until the end of this year to support continued disposal of non-performing project financing (PF) assets. The Financial Supervisory Service (FSS) recently issued a non-action opinion letter ma
CryptoFrontier·07-05 23:52
South Korea Extends Savings Bank Lending Ratio Relief Amid PF Cleanup

Seoul Jeonse Deposit Gap Widens to 80M Won as Renewal Rates Climb

Seoul metropolitan area apartment jeonse deposit gaps between new contracts and renewals widened significantly from January to June, according to Zigbang analysis released on the 6th. The gap for 84㎡ units in Seoul expanded from 43.75 million won in January to 80 million won in June, nearly
CryptoFrontier·07-05 23:51
Seoul Jeonse Deposit Gap Widens to 80M Won as Renewal Rates Climb

Samsung Executives Sold Shares in June Amid Market Cap Battle with SK Hynix

Samsung Electronics executives sold shares worth approximately 1.94 billion won in June as the company's stock experienced volatility and briefly lost its top market capitalization position to SK Hynix. Four Samsung executives disposed of 5,600 common shares through on-market transactions during the
LucasBennett·07-05 23:46
Samsung Executives Sold Shares in June Amid Market Cap Battle with SK Hynix

South Korea Launches 24-Hour Forex Market with Deputy PM Koo's Visit

South Korea's Deputy Prime Minister and Minister of Finance and Economy Koo Yun-chul stated on the 6th that the launch of the 24-hour forex market is core infrastructure for achieving advanced-market accessibility and a starting point for the won's global leap. Koo made these remarks during a
LucasBennett·07-05 23:45
South Korea Launches 24-Hour Forex Market with Deputy PM Koo's Visit

USD-KRW Opens Higher at 1,527.60 Won on First 24-Hour Trading Day

The USD-KRW exchange rate opened slightly higher at 1,527.60 won on July 6, up 2.00 won from the previous session, during South Korea's first 24-hour foreign exchange trading session. As of 6:11 AM, the rate stood at 1,527.70 won, reflecting bargain buying sentiment after a decline of more than 25 w
LucasBennett·07-05 23:24
USD-KRW Opens Higher at 1,527.60 Won on First 24-Hour Trading Day

Homeplus Bankruptcy Termination to Benefit E-Mart and Lotte Shopping Stocks

Seoul Bankruptcy Court terminated Homeplus's corporate rehabilitation proceedings on the 6th after 1 year 4 months since March last year, significantly lowering the discount retailer's operational viability. The court cited Homeplus's failure to secure 200 billion won in operating funds, collapsed f
LucasBennett·07-05 23:24
Homeplus Bankruptcy Termination to Benefit E-Mart and Lotte Shopping Stocks