Global TradFi & Macroeconomics

According to Yonhapinfomax, South Korean government bond yields spiked significantly on September 1. The 3-year benchmark yield rose 4.5 basis points to 3.885%, the 10-year yield climbed 7.2bp to 4.382%, and the 30-year yield jumped 12.4bp to 4.627%, all as of 11:13 a.m. Seoul time. The selloff

According to Dragonfly partner Haseeb Qureshi, Anthropic and OpenAI's IPOs will trigger a record-scale liquidity shift from global institutions into San Francisco real estate and crypto. Anthropic is expected to launch its IPO in mid-October 2026, while OpenAI will follow the next year. Employee

China's ChangXin Memory Technologies (CXMT) has begun producing small quantities of HBM3E, an advanced memory technology used in AI accelerators, according to a report in The Information, with plans to expand production in 2027. Alibaba's T-Head and Chinese AI-chip designer Cambricon are already

According to The Information, China's ChangXin Memory Technologies (CXMT) has begun producing small quantities of HBM3E, an advanced memory module used in AI accelerators, with plans to expand production in 2027. Alibaba's T-Head and AI chip designer Cambricon are already testing the chips with

Machi Big Brother Huang Licheng minted the memecoin Taiwan Coin (TAIWAN) on Robinhood Chain on Sept. 1, with a total supply of 1 billion tokens and a minting fee of 0.00055 ETH. TAIWAN’s primary liquidity pool is paired not with ETH or a stablecoin, but with TSMC’s tokenized stock. Five minutes after the token went live, its market cap briefly reached $1.59M. Basic Data on the TAIWAN Memecoin Launch machibigbrother.eth minted Taiwan Coin (TAIWAN) on Robinhood Chain at 1:46 a.m. Taiwan time on Se

NVIDIA and MediaTek announced on August 31 that NVIDIA would invest $3.5 billion in MediaTek’s overseas convertible bonds, accounting for approximately 90% of the offering. MediaTek’s Taiwan-listed shares opened at the limit-up price of NT$4,315 on the morning of September 1 and remained locked there, with more than 26k lots of buy orders queued at that price. MediaTek’s overseas convertible bond offering totaled $3.9 billion, with Alphabet and other investors also participating in the fundraisi

Yorkville America, the asset management firm managing ETFs under U.S. President Trump’s Truth Social brand, launched the “MANGOS Plus Index ETF” (FRUT) on Aug. 31, tracking an index comprising six major AI companies, including OpenAI, and seven “Parabolic 7” AI infrastructure stocks, including SanDisk. Dual Listing of the MANGOS Plus Index ETF Yorkville America launched the MANGOS Plus Index ETF (ticker: FRUT) on Aug. 31, 2026, tracking the Yorkville America MANGOS Plus Index (YAMANGOP). FRUT is

The APT channel released an interview video featuring Microsoft founder Bill Gates on August 28. When the host asked Gates how he would choose among the euro, cryptocurrency, gold, or stocks if he needed to diversify a small portion of his investment portfolio away from the U.S. dollar, Gates stated clearly, “I would not choose cryptocurrency,” describing it as “an asset driven purely by mania,” while expressing a long-term preference for a globally balanced stock portfolio. The Four Investment

According to MarketWatch, Dell Technologies stock surged 265.6% this year as of Aug 31, and analysts believe two major AI infrastructure developments could drive further gains. Mizuho Securities analyst Vijay Rakesh highlighted that Nvidia's recently announced $500 billion AI financing

Zhipu Technology’s H1 2026 revenue (through June) reached 954 million yuan ($142 million), nearly quadrupling year over year but coming in about 30% below analysts’ expectations. Its net loss narrowed to 2.07 billion yuan, while its operating loss expanded 13% to $319 million, and R&D spending rose to $317 million. Company management said on an analyst call that annualized revenue had reached $1.6 billion by the end of August. Zhipu H1 2026 Key Financial Data According to Zhipu’s H1 2026 earning

Tencent Holdings (0700.HK) stock fell 2.30% on Sept. 1, the same day it announced two strategic AI developments. First, Tencent Cloud partnered with search technology company Elastic to launch “Tencent Cloud ES Enterprise Edition,” providing enterprise customers with enterprise-grade AI search and other features. Second, Tencent Games’ Motus showcased an AI-powered animation and intelligent character creation platform at Gamescom. Tencent Cloud and Elastic Deepen Cooperation Tencent Cloud and El

Korean ETF market experienced sector rotation in August as semiconductor-focused funds underperformed while nuclear and power ETFs surged. The KRX Semiconductor Index rose 11.94% in August, trailing construction (20.20%) and steel (20.07%) sectors, signaling a shift in investor appetite within AI

According to ECB Governing Council member Rehn, an ongoing conflict in Iran could lead to persistently elevated inflation. The statement reflects concerns over geopolitical risks and their potential impact on energy prices and overall price stability in the

According to Korea Exchange data, in August South Korea's semiconductor-focused ETFs faced significant losses as investment rotated toward nuclear energy and power infrastructure funds. KODEX SK Hynix Single Stock Leverage recorded a three-month return of -67.19%, while KODEX Samsung Electronics Sin

According to Wall Street analysts and Reuters Breakingviews, Q2 2026 earnings for Big Tech firms were significantly inflated by unrealized gains from AI company stock valuations rather than core business revenue. Alphabet reported other income of $97.983 billion, accounting for 71% of pretax

Intercontinental Exchange (ICE) announced on August 31 that it would partner with blockchain infrastructure company tZERO to jointly build the back-end infrastructure for the “NYSE-affiliated tokenized stock market.” ICE also invested in tZERO’s latest funding round and obtained licenses to 103 blockchain patents. Citibank estimates that the tokenized securities market could reach $5.5 trillion by 2030. Four Core Arrangements of the ICE-tZERO Partnership According to ICE’s August 31, 2026, annou

Shein shares were officially listed on the Hong Kong Stock Exchange on Sept. 1, falling 7% on their first day of trading. The IPO offered approximately 280 million shares in total, with the final issue price set at HK$48.56 per share, below the upper end of the HK$49.5 price range, raising approximately HK$13.6 billion. The IPO valued Shein at approximately $26.5 billion—far below its $100 billion private-market valuation in 2022, representing a decline of more than 70%. Shein Shares’ First-Day

According to Gain Capital, the U.S. Dollar Index is trading at 99.50 today, up 0.09% intraday.

UBS China equity strategist Wang Zonghaoheld a media briefing Tuesday, recommending investors buy technology stocks again while favoring mainland China A-shares over Hong Kong stocks due to stronger liquidity. UBS highlighted preference for hardware stocks and banking stocks given ample funding

ING Bank attributed the rise in US long-term Treasury rates to structural factors including bond issuance volume and real rate increases rather than inflation pressures. Padhraic Garvey, strategist at the Netherlands-based bank, stated in a report on the 31st (local time) that the primary driver