Global TradFi & Macroeconomics

According to BlockBeats, on September 1, China's three major stock indices closed in decline. The Shanghai Composite Index fell 0.16%, the Shenzhen Component Index dropped 1.02%, and the ChiNext Index declined 1.32%. Total trading volume reached 20.5 trillion yuan. Agricultural stocks bucked the

Multiple South Korean SPACs that listed during the 2022-2023 IPO freeze are facing delisting as they approach their 3-year maturity deadlines without securing merger targets. Daishin Balance 17th SPAC announced delisting and dissolution on the article date, while IBKS 23rd SPAC and Hana 30th SPAC de

According to The Block, Strategy, the world's largest digital asset treasury firm, formally opposed MSCI's proposal on Monday to exclude certain "non-operating asset" companies from its indices, calling the rule "discriminatory, arbitrary, and misguided." In a letter signed by Executive Chairman

According to South Korea's Financial Supervisory Service, Daishin Balance 17 SPAC was delisted today after failing to secure a merger target before its three-year expiration deadline. At least three other SPACs have met similar fates recently, including Shin Young SPAC 10 and IBKS 23, which face or

According to Korea Exchange, KOSPI's average daily trading value in August fell to approximately 25.8 trillion won, down 11.1 trillion won (30%) from July's 36.9 trillion won. The sharp decline reflects waning investor enthusiasm following volatile market swings and heavy losses for retail

According to Jin 10 Futures, as of 15:00 Beijing time on Sept 1, spot platinum rose 0.63% while spot palladium fell 0.58%.

The KOSPI stock market experienced significantly reduced volatility in August following turbulent trading in prior months. The VKOSPI volatility index fell from 96.94 on June 29 to 44.09, approximately half its previous level, according to Korea Exchange data. The decline in volatility stemmed from

KOSPI trading activity declined sharply in August while margin debt expanded, according to Korea Exchange data released September 1. The KOSPI turnover rate fell to 0.55%, the lowest level this year, as daily average trading volume dropped to 25.21 trillion won—half of June's 50.35 trillion won.

Korean retail investors' margin trading balance reached 33.3379 trillion won as of the 28th of last month, the ninth consecutive trading day of increases per the Korea Financial Investment Association. KOSDAQ balances surged 101.708 billion won to 6.9518 trillion won, offsetting a 92.751 billion won

European stock indices opened mixed on September 1. Germany's DAX index declined 0.39%, the UK's FTSE 100 fell 0.35%, France's CAC 40 rose 0.19%, and Europe's STOXX 50 index dropped 0.06%.

According to Korea Exchange data, South Korea's margin financing balance rose to 33.34 trillion won at the end of August from 27.44 trillion won at month start, marking a 6 trillion won increase despite a significant drop in trading activity. The KOSPI turnover rate fell to 0.55% in August, the

According to the Financial Investment Association, South Korea's credit trading margin balance rose for nine consecutive trading days through August 28, surpassing 33 trillion won as investors increasingly shifted to KOSDAQ-listed stocks. KOSDAQ margin balances alone grew by 101.7 billion won to 6.9

According to Korea Exchange data released on September 1, the KOSPI 200 volatility index (VKOSPI) plummeted to 44.09 from 96.94 on June 29, roughly halving as market swings subsided. Program trading curbs activated 5 times in August compared to 15 times in July, and circuit breakers did not

According to Guru Club, Singapore's benchmark Straits Times Index fell 1.2% on June 4, closing at 5,076.81 points.

Jingye Steel's official account announced on September 1 that the company raised prices for four steel product categories by 100 yuan per ton, effective immediately. The price increase applies to rebar, medium and heavy plate, hot-rolled coil, and cold-formed products sold through Jingye Sales

According to industry sources, Samsung Securities' application for commercial paper (CP) issuance approval is expected to be discussed at the Financial Services Commission's monthly meeting as early as September. The FSC held no meetings during August but is set to resume in September. The

Silicon Valley AI workers at companies including Anthropic and OpenAI are liquidating stock compensation and diversifying investments amid concerns over a potential AI bubble collapse, according to asset managers serving the sector. Nicholas Garcia, senior advisor at Compound Planning (which