Global TradFi & Macroeconomics

According to Zhitong Finance, today Sinopec Oil Services' subsidiary agreed to acquire 50% equity in Mexico's DS Company and 0.01% interest in the EBANO project for $4 million. The company plans to invest an additional $212 million in the EBANO

According to Zhitong Finance, on August 17, northbound investors achieved net inflows of HK$30.77 billion in Hong Kong stocks, with Shenzhen-Hong Kong Stock Connect accounting for HK$11.03 billion and Shanghai-Hong Kong Stock Connect for HK$19.74 billion. SMIC (00981) led the buying with net inflow

According to Zhitong Finance, Shoujia Technology (00103) recently signed a cooperation intention agreement with Meili Capital, a shareholder of Germany-based Cordenka GmbH, to jointly establish a joint venture in tire cord materials. The partnership aims to combine Shoujia's expertise in steel cord

Reddit, the online community platform, will join the S&P 500 index on the 18th, approximately 2 years and 5 months after its March 2024 IPO on the New York Stock Exchange. The inclusion follows strong advertising revenue performance, with second-quarter revenue increasing 61% year-over-year

According to Zhida Technology (02650)'s interim results announced today, the company reported revenue of 340 million yuan for the six months ending June 30, 2026, with a net loss of 117 million yuan and basic loss per share of 0.39 yuan. The company's EV charger sales surged in key overseas

According to Gate data, Brent crude oil (XBRUSD) breaks above $90 per barrel, trading at $90.00, up 1.0% from the previous trading session close.

According to Bitget, the exchange's TradFi Quanto perpetual contracts for LENOVO stock went live, supporting up to 20x leverage and 24/7 trading. The product allows users to trade Hong Kong-listed stocks directly with USDT settlement, eliminating the need for currency conversion. Contracts are

Target Date Funds in the retirement pension market attracted over 3.6 trillion KRW in inflows this year, according to data from KG Zeroin as of last month 31st. The accelerated pace compared to the previous year's first seven months puts the market on track to potentially surpass last year's

South Korean stocks posted their strongest weekly performance in months during the period of August 10-14, with the KOSPI index closing at 6977.94 on August 14, up 2.42% from the previous trading day. The rally was driven by softer-than-expected US inflation data that eased interest rate concerns an

WTI crude oil rose 1.00% today, trading at $82.34 per barrel.

According to KG Zeroin, as of July 31, South Korean target-date funds (TDFs) received 3.68 trillion won in new inflows year-to-date, with total assets reaching 20.23 trillion won. At the current pace, the market is positioned to set a new annual record, surpassing last year's 4.63 trillion

Hong Kong stocks rose across major indices on Monday (17th), with the Hang Seng Index climbing 1.34% to close at 25,453.23 points, breaking through the 25,000 level. The rally was driven by strong performance in AI-related hardware sectors, particularly chip stocks and optical communications,

The USD-KRW exchange rate fell to 1,413.00 won at 3:30 PM on August 17, down 5.30 won from the previous trading day's close of 1,418.30 won in the Seoul foreign exchange market. The decline occurred on the final day of a three-day holiday weekend marking Liberation Day substitute holiday, with yen s

According to PANews, on August 17, CSOPSKHYNIX2LUSDT—tracking South China Morning Post-listed SK Hynix daily leveraged (2X) product on Hong Kong Exchanges—accumulated trading volume of over $20 million within 7 days of launch, according to Binance

According to Chinastock Financial, Chow Sang Sang (00116) released interim earnings guidance for the six months ended June 30, 2026, forecasting net profit attributable to shareholders from continuing operations of HK$2.1-2.2 billion, compared with HK$910 million in the same period of

Five major Korean securities firms are forecast to see net profit decline in the third quarter despite posting record results in the second quarter. According to financial data provider FnGuide on the 17th, the combined Q3 net profit consensus for Mirae Asset Securities, Korea Financial Group,

According to a statement from Guangzhou Baiyunshan Pharmaceutical Group (Hong Kong Stock Code: 00874), its subsidiary Baiyunshan Tianshin Pharmaceutical recently received a drug registration certificate from Macao's regulatory authority for injectable cefazolin sodium (0.5g and 1.0g

According to F&Guide, consensus expected net profit for the five major Korean brokerages—Mirae Asset Securities, Korea Financial Group, Kiwoom Securities, NH Investment & Securities, and Samsung Securities—in Q3 and Q4 2026 totaled 2.2 trillion won, down 51.66% from the previous quarter, though up 1

According to Bitget data, Brent crude oil broke through $88 per barrel on August 17, posting intraday gains of 0.93%.

On August 17, 2026, Hong Kong-listed tech stocks staged a strong rebound. The Hang Seng Index rose 1.34%, the Hang Seng Tech Index rose 1.58%, and optical communications and semiconductor stocks led the gains. By the close, Yangtze Optical Fibre and Cable (06869.HK) had risen 12%, Hua Hong Semiconductor (01347.HK) had risen 7.45%, and all three key stocks had simultaneously reached new rebound highs since August. This rally was not an isolat