Global TradFi & Macroeconomics

On August 18, U.S. stock market open saw mixed ETF performance: energy and healthcare ETFs rose over 1% each, while semiconductor ETF fell over 3% and global technology stock index ETF declined over 2%.

Baidu ADR declined 10% today, marking its largest single-day drop since June 5.

According to Zhitong Finance, Ronghuai Holdings (08213) announced today that its indirect subsidiary is negotiating to acquire a 51% stake in a Chinese restaurant operator in Shenzhen's Nanshan District. The target restaurant specializes in Cantonese Shunde cuisine and is already in

According to Bitcoin Magazine, BlackRock reaffirmed its bullish stance on Bitcoin recently, even as BTC has declined roughly 50% from its all-time high. The asset manager said its core investment thesis for Bitcoin as an "emerging global currency alternative" and "unique portfolio diversification to

U.S. stock markets opened lower today (August 18), with the Nasdaq falling 1.2% and the S&P 500 down 0.5%. The Dow Jones Industrial Average declined 0.1%. The Philadelphia Semiconductor Index led declines, dropping 3.6%, as memory chip stocks fell broadly: SanDisk down 5%, SK Hynix down 5%,

According to BlockBeats, on August 18, U.S. stock markets opened lower, with the Dow Jones Industrial Average down 0.2%, S&P 500 down 0.5%, and Nasdaq Composite down 1.1%. The semiconductor and storage sector fell broadly, with SanDisk (SNDK.O) declining 5% and Micron Technology (MU.O) down 4.6%.

DeKon Livestock (02419) reported a loss of 13.05 billion yuan for the six months ended June 30, 2026, compared to a profit of 12.27 billion yuan a year earlier. Revenue fell 13.74% to 100.89 billion yuan, with hog prices declining 30.9% to 10.4 yuan per kilogram. The downturn was primarily driven

According to Coolpad Group (02369), the company expects shareholders' loss for the six months ended June 30, 2026 to range from HK$54 million to HK$60 million, narrowing from HK$80.3 million in the same period a year ago. The narrower loss was driven by a reduction of approximately HK$27.5 million i

According to its official announcement, Guotai Haotong (02611) will distribute an interim dividend of HK$0.30 per share (equivalent to HK$3 per 10 shares) on October 16, 2026.

According to Zhitong Finance, Yuxing Technology (08005) reported a loss attributable to shareholders of HK$50.166 million for the first half of 2026, representing a 67.26% increase compared to the same period last year. The group's interim revenue declined 63.3% to HK$16.5 million. Basic loss per sh

Caihong New Energy (01986) announced it will distribute an interim dividend of HKD 0.015 per share on November 27, 2026, for the six-month period ended June 30, 2026.

According to George Saravelos, Deutsche Bank's global head of FX research, the U.S. and Japan's joint intervention last month to support the yen was not only ineffective but counterproductive. Saravelos noted that signaling the use of the Fed's FIMA mechanism discouraged direct Japanese sales of U.S

According to BlockBeats, AGPU disclosed key Q2 financial metrics on August 18. Prepayment rates on contracts ranged from 20% to 40%, with the company receiving $317 million in advance payments in August, reflecting strong customer commitment. The company projects EBITDA margins of 62% to 76%,

According to Capital.com analyst Daniela Hathorne, on August 18, bond sell-offs are driven by persistent inflation risks, government borrowing, and capital competition—not surging inflation expectations alone. While investors face valid inflation concerns, inflation expectations measured by

According to Zhitong Finance, Shengye (06069) reported first-half results ending June 30, 2026, with operating revenue of 422 million yuan, up 1% year-over-year, and profit attributable to shareholders of 218.9 million yuan, up 4.4% YoY. The company cited growth in its platform technology business a

Hong Kong-listed technology company Tongfang Tai De (01206) issued a profit warning for the six months ended June 30, 2026, posting estimated losses of between RMB 255 million and RMB 265 million, compared to losses of approximately RMB 7.7 million in the same period of 2025. The company

SK Hynix ADR fell 5.57% to $161.83 in US pre-market trading as of 8:51 AM local time on August 18, pressured by surging Treasury yields. The decline was driven by concerns that rising bond rates increase discount rates used in corporate valuations and enhance the appeal of fixed-income assets over e

U.S. industrial production rose 0.2% month-over-month in July, missing economist expectations of 0.3%, according to Commerce Department data. The reading marked a slowdown from the previous month's 0.1%

U.S. industrial capacity utilization reached 76.3% in July, matching the expected forecast, up 0.2 percentage points from 76.1% in June.

Multiple securities firms raised their target prices for Nongshim following the company's Q2 earnings report, reflecting improved export performance. Financial data provider FnGuide reported Nongshim's consensus target price at 569,091 won on the 18th, up 4.80% from 543,000 won recorded on the 13th