Global TradFi & Macroeconomics

According to the Korean Exchange, AriBio Holdings withdrew its merger agreement with unlisted biotech firm AriBio today (Sept 30), causing the listed company's stock to fall 805 won (20.56%) to 3,110 won. The board decision came as the company's stock price fell significantly below the statutory

According to Hong Kong stock exchange announcements, Wecan Technology (06802) listed on the Hong Kong Stock Exchange today with its public offering subscribed at 3,546.91 times. The stock surged over 200% in unofficial trading (grey market) during the day, marking strong investor demand for the

According to Hong Kong Exchanges, on September 29, Weichai Power (02338) saw position changes totaling HK$1.401 billion, representing 2.6% of share capital. The company's shareholders transferred 48.4925 million shares to Citibank and moved 26.0917 million shares out of BNP Paribas. Weichai Power a

According to Hong Kong Exchange and Clearing, Jet Long Holdings (01425) saw a position transfer worth HK$478 million on September 29, representing 67.05% of the stake. The company transferred 838 million shares from UBS Securities Hong Kong to Standard Chartered Bank (Hong Kong).

According to Hong Kong Exchanges and Clearing, shareholders of Kaisa Group (01638) deposited 1.049 billion shares with HSBC on September 29, increasing their holding ratio by 8.27%. The deposited position was valued at HK$32.56 million, representing 8.29% of total

According to Hong Kong Stock Exchange data, shareholders of China International Holdings (08118) deposited 110 million shares with Yin Li Securities on September 29, increasing their shareholding ratio by 22%. The total market value of pledged shares reached HKD 10.89 million, representing 22% of th

Philippines reported import growth of 16.6% and export growth of 27.8% year-over-year in August, posting a trade deficit of $3.85 billion for the month.

According to Kosdaq market data, Bumhan Fuel Cell surged 9.17% (2,100 won) to 25,000 won on the morning of September 30. The rally was driven by expectations of increased power demand from AI data centers and growing export prospects for South Korean submarines. Bumhan Fuel Cell supplies hydrogen

According to Shanghai Gold Exchange, gold spot prices (T+D contract) rose 0.96% to 903.1 yuan per gram on September 30 morning, while silver spot prices climbed 0.87% to 14,919.0 yuan per kilogram.

South Korea's Financial Services Commission Chairman Lee Eok-weon met on September 29 with senior officials from Nasdaq, the Depository Trust & Clearing Corporation, and Hong Kong Exchanges and Clearing to discuss tokenized securities. The FSC announced the meeting on September 30. Lee met with

On Sept. 30, Ducksan NepCore (stock code 266690), Korea's first exception approval for duplicate listing on the KOSDAQ, soared 96.58% intraday to 28,700 Korean won from its offering price of 14,600 won. By 9:22 a.m. local time, it traded at 23,100 won, up 58.22%. The satellite navigation and

According to IBK Asset Management, the company launched the IBK Korea-US Top 2 Companies Plus Bonds Mixed 50 Active Traded Fund (ETF) on September 30. The ETF allocates 25% each to Korean and U.S. market-cap leaders, with the remaining 50% invested in domestic short-term bonds and monetary

On the market open this morning, September 30, Chinese futures showed mixed signals, with synthetic rubber surging over 4%, rubber and 20-gauge rubber rising over 3%, rapeseed oil and soybean futures climbing

According to Odaily, Nate Geraci, president of ETF Store, stated recently that while AI agents trading stocks and options could negatively affect retail investor performance, the rapid proliferation of AI trading robots may inflict greater damage on active fund managers. Geraci noted that AI is

Deputy PM and Finance Minister Lee Hyung-il announced on the 30th that the government will implement market stabilization measures including emergency buybacks and reduced bond issuance using surplus tax revenue if bond rates rise excessively. Lee made the announcement while chairing an expanded

Korea-US Strategic Investment Corporation distributed a request for proposal (RFP) to major domestic and international securities firms and global investment banks mid-month for its first foreign currency bond issuance. The bond issuance aims to secure funding for annual US investment execution

Samsung Electronics and SK Hynix stocks rose during morning trading on the 30th. Samsung reached 275,250 won (+1.01%) and SK Hynix climbed to 1,808,000 won (+2.44%) as of 9:10 AM according to Korea Exchange data. The gains followed overnight strength in US AI and semiconductor stocks, driven by

According to News1, Deksan Nepcore surged 46.58% to 21,400 won in morning trade on September 30, marking its debut on South Korea's KOSDAQ market. The company opened at 27,100 won and hit an intraday high of 28,700 won—nearly double its 14,600 won initial public offering price—before profit-taking t

Samsung Asset Management, Mirae Asset Management, and KB Asset Management launched the second round of the National Participation National Growth Fund on the 30th, raising a total of 600 billion won with each firm collecting approximately 200 billion won. The fundraising period runs until the 15th o

According to Edaily, Samsung Asset Management, Mirae Asset, and KB Asset Management launched the National Participation Growth Fund 2 today (Sept 30), targeting 600 billion won ($450 million USD equivalent) with each firm managing 200 billion won. The fund invests in unlisted companies and Kosdaq-li